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Calacoto Group
In this Group: Julia, Maria Elena, Sslena , Valeria , Valeriana, Teresa, Ignacio, Benedicta, Victoria
The “CALACOTO” communal bank is in its seventh cycle in Pro Mujer, as a part of the German Busch center. It is made up of nine members and is led by a board of directors of which Julia is the president. The businesses the members of the association have are varied. Among them, are a neighborhood store, selling wood, selling candy, making embroidered cloths, selling food, a beauty salon, and bricklaying.

The loan they will take out will benefit the micro-business women, among them is Julia. She says that three years ago she joined Pro Mujer at the invitation of a friend who is a member of the institution. Right now, she has business selling pots. She says she has done this business for eight years. This is the source of her family's support.

the loan she will take out is to increase capital (buying pots) that she will acquire from distributors wholesale and later sell as a street vendor in the markets of the city of El Alto. This work allows her to generate income to support her family, since she is married and has six children.

When asked what she likes about Pro Mujer, she says that she likes the area of health.
View original language description ↓
La A.C. “CALACOTO” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de German Busch, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Julia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, venta de madera, venta de muebles, veta de dulces, elaboración de mantas bordadas, venta de comida, salón de belleza, albañil.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de ollas; da a conocer que este negocio lo realizó hace ocho años, siendo este la fuente de sustento familiar.

El crédito que ahora sacará es para el aumento de capital (compra de ollas) que adquirirá de las empresas distribuidoras, por mayor, y posteriormente lo comercializará de forma ambulante en las ferias de la Ciudad de El Alto. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que ella es casada y tiene seis 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.

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About Bolivia

  • $2,817
    Average annual income
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Calacoto Group's $3,875 loan helped a member to buy pots.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 9, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014