Playeritas De Chua Caicoto Group
This loan will benefit micro-enterprises in Celestina's group. Celestina tells us that she joined Pro Mujer two years ago, following an invitation from one of the organisation's representatives who went to visit her in her home. Celestina currently has a business making knitting products and selling beds. She says that she learned this trade some years ago from a woman who helped her. She later decided to set up her own business.
Celestina will use this loan to increase her capital, by buying more wool from the nearby markets. She will then make her products and sell them in the tourist centres of La Paz. This work allows Celestina to earn her own income to maintain her household as best as possible. Ana is married and has seven children.
When asked what she likes about Pro Mujer, Celestina tells us that she likes that the payments are all made on the same site.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Celestina es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido y venta de camas; da a conocer que este negocio lo aprendió hace varios años atrás aprendiendo la técnica de una señora a quien le ayudaba y posteriormente decide implementar su propio espacio.
El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las ferias aledañas y posteriormente a la elaboración lo comercializará en los centro turísticos de La Paz. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene siete hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta que el desembolso sea en el mismo lugar.
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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Success!! The loan was 100% repaid