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Julian Apaza Group
In this Group: Maria, Amalia, Ricardo, Ofelia, Maria Angelica, Lina Layla, Adela, Primitiva
The Communal Bank "Julian Apaza" is entering its first loan cycle with Pro Mujer, as part of one of the organization's regional offices, Panamericana. The group is made of eight members and is headed by a board of directors. Primitiva serves as the secretary of the board. The members of this Communal Bank run a variety of businesses, including fruit sales, selling traditional Bolivian shoes, weaving macrame, working as a chauffeur, fish sales, food sales, grain sales, and making Peruvian ceviche.

This loan will benefit small micro-entrepreneurs such as Primitiva. She says this is the first time she is working with Pro Mujer, after having joined at the invitation of a consultant from the institution who came to visit her at home. She currently has a business selling fruit. She indicated that she began this business on her own initiative when she saw that there was a large market for this product.

The loan that she is taking out now is to increase her merchandise by buying fruit, which she will acquire wholesale in the markets in the city of El Alto. After that, she will make her sales from her retail space. This type of work allows her to generate income to support her household, as she is single and has seven children.

When asked what she likes about Pro Mujer, she responded that she liked the health benefits.
View original language description ↓
La A.C. “JULIAN APAZA” iniciará el primer 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 Primitiva es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de frutas, venta de zapatos de cholita, tejido de macramé, chofer, venta de pescado, venta de comida, venta de mote, elaboración de cebiche (comida peruana).

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Primitiva es integrante, ella indica que es la primera vez 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 frutas; da a conocer que este negocio lo emprendió por iniciativa propia al observar el amplio mercado de este producto.

El crédito que ahora sacará es para el aumento de su mercadería (compra de frutas) 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 siete hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.

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.

About Bolivia

  • $2,817
    Average annual income
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $28,245,800
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Julian Apaza Group's $2,050 loan helped a member to buy fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014