The communal bank “SEÑOR DE SAN BARTOLOME” is beginning its fourth cycle with the field partner through the field partner’s Villa Tejada regional office. This group is made up of nine members and is directed by a board of directors, of which Lucy is the secretary. The businesses of the members are varied and include selling salchipapas [a fast food consisting of thinly sliced pan-fried beef sausages and French fries], selling detergents, selling condiments and seasonings, selling soft drinks, providing transportation services, and a hardware store.
The loan will be used in some small businesses of which Lucy is a member. Lucy says that she joined the field partner ten years ago at the invitation of a friend that is a member. Lucy currently has a business selling fruit. She started this business with her first loan from the field partner, and since then she has worked at this business with her family.
Lucy will use this loan to increase the capital of her business by buying more fruit. She will buy the fruit in the markets of the city of El Alto and then sell it from her sales stall. She says that her business allows her to earn income to pay for as many of her household expenses as possible. Lucy is married and has three children.
Asked what she likes about the field partner, Lucy says that she likes the training programs that deal with credit and with health.
La A.C. “SEÑOR DE SAN BARTOLOME” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Villa Tejada, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Lucy es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de salchipapas, comercio de detergentes, venta de condimentos, venta de refrescos, servicio de transporte, ferretería.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lucy es integrante, ella indica que hace diez años que integra Pro Mujer, ingresando por invitación una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de fruta; este negocio lo emprendió con el primer préstamo que obtuvo en Pro Mujer y desde esa fecha lo trabaja con su familia.
El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las ferias de la ciudad de El Alto 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 casada y tiene tres hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito y salud.
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.