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Esperanza 2010 Group
In this Group: Sonia, Angelica, Maria , Rebeca , Nemecia, Victoria, Claudia Teresa, Betty
The communal bank "Esperanza 2010" ["Hope 2010"] is entering its sixth loan cycle with Pro Mujer. They are working with one of the organization's regional offices, Panamericana. The group is made up of eight members and is headed by a board of directors. Victoria is the treasurer of the board. The members of the communal bank run a variety of businesses, including a neighbourhood store, a business making Peruvian ceviche, vegetable sales, lamb sales, apron sales, sales of Bolivian petticoats, and tailoring.

This loan will benefit small micro-entrepreneurs such as Victoria. She says that she joined Pro Mujer six loan cycles ago. She joined the group at the invitation of a consultant from the institution, who came to visit her at her home. Currently, she has a business selling fish. She said that she began this business on the advice of a relative who taught her how to sell this product.

The loan that she will take out now is to increase her merchandise by buying fish, which she will acquire wholesale in the markets in the city of El Alto. After that, she will sell it at her place of business. This type of work lets her generate income in order to support her household as best as she can, given that she is single and has a child.

When asked what she liked about Pro Mujer, she replied that she likes the training sessions offered.
View original language description ↓
La A.C. “ESPERANZA 2010” iniciará el sexto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Victoria es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, producción de cebiche (comida peruana), venta de verduras, venta de carne de cordero, venta de mandiles, venta de enaguas, costura.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Victoria es integrante, ella indica que hace seis ciclos que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de pescado; da a conocer que este negocio lo emprendió por el concejo de un familiar quien le enseño la forma de venta de este producto.

El crédito que ahora sacará es para el aumento de su mercadería (compra de pescado) que adquirirá de las ferias de la Ciudad de El Alto, por mayor, y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

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About Bolivia

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza 2010 Group's $5,100 loan helped a member to buy fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014