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Eterno Amanecer Group
In this Group: Juana, Lucia , Olga Fermina, Lucia , Santusa, Nive Sonia , Sabina , Cristina
The Communal Bank “Eterno Amanecer” (Eternal Dawn) is starting its second loan cycle with Pro Mujer as part of the Panamericana Community Center. This group consists of eight members and is led by a Board of Directors in which Sra. Olga serves as the secretary. The members of this Communal Bank engage in various businesses such as selling food, selling potatoes, selling toys, selling vicuñas, selling fruit, selling vegetables, and selling candy.

This loan will benefit small entrepreneurs such as Sra. Olga. She says that this is her second cycle since joining Pro Mujer after receiving an invitation from a promoter of the organization who visited her at her house. Olga currently has a business of selling food. She became knowledgeable in this trade by helping her mother with this same type of work. Eventually she decided to start her own business.

The loan she is receiving now will be used to increase her capital for buying rice by the quintal (1 quintal = 46 kg). She acquires her supplies at the fairs in the city of El Alto and then prepares the food that she sells at her retail space. Working in this manner enables her to generate income for her family. Olga is single and has two children.

When asked what she likes about Pro Mujer, Olga said that she enjoys the training classes and the way the organization conducts itself.

The group pictured includes their loan officer, the woman in the brown and white coat.
View original language description ↓
La A.C. “ETERNO AMANECER” iniciará el segundo 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 Olga es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de papa, venta de juguetes, artesanía en vicuñas, venta de fruta, venta de verduras, venta de cofites.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Olga es integrante, ella indica que es el segundo ciclo 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 venta de comida; da a conocer que anteriormente ella ayudaba a su madre en la misma actividad posteriormente decide implementar su propio espacio de trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de arroz por quintal) que adquirirá de las ferias de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para su familia ya que ella es soltera y tiene dos hijos.

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

Al grupo acompaña a la Asesora, ella esta vestida con saco blanco y cafe.

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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Eterno Amanecer Group's $3,200 loan helped a member to buy rice in bulk.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 26, 2013
Listed
Aug 15, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014