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Flor De Papa Group
In this Group: Venancia, Maria Esther Lourdes, Juana , Vicente , Rosmery Aurelia, Virginia, Yovana, Isidora
The “FLOR DE PAPA” communal bank will start its fourth cycle in Pro Mujer as a part of the Villa Exaltación center. It is made up of eight members and is led by a board of directors, of which Virginia is the treasurer. The association members' businesses are varied. Among them are: selling cleaning products, selling slippers, selling cosmetics, selling CD's, a neighborhood store, selling clothes and milk production.

The loan they will take out will benefit the micro-businesswomen, among whom is Virginia. She says that she joined Pro Mujer a year ago at the invitation of a counselor from the institution who visited her house. Now she has a business selling milk. She started this business because previously she did this work with her parents. Later she decided to go off on her own.

The loan she will take out now is to increase capital by buying a calf that she will acquire from the fairs nearby the city of El Alto. Later she will raise it to sell the milk. This type of work allows her to generate resources to support her home as much as possible. She is in a common law marriage and has two children.

When asked what she likes about Pro Mujer, she answers that she likes the area of health.
View original language description ↓
La A.C. “FLOR DE PAPA” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Virginia es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de productos de limpieza, venta de zapatillas, venta de cosméticos, venta de CD’s, tienda de barrio, venta de ropa, producción de leche.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Virginia es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por invitación una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de producción de leche; este negocio lo emprendió ya que anteriormente trabajaba de esta forma con sus padres, posteriormente decide tener su independencia.

El crédito que ahora sacará es para el aumento de capital (compra de ternero) que adquirirá de las ferias aledañas a la ciudad de El Alto y posteriormente realizará la crianza para posteriormente lo comercializar la leche. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene dos 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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,407,800
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Papa Group's $3,025 loan helped a member to buy a calf.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014