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Generación Group
In this Group: Martha, Virginia Clara, Nasaria, Rosalia , Fayrus, Jhazmin Lourdes, Julian Valerio, Clementina Andrea
The lending group “GENERACIÓN” will begin its first lending cycle with Pro Mujer, as part of its Focal Center of the Andes. This group is composed of 8 members and is directed by an executive group of which Martha is the President. The businesses of each of the members are different, and include: sewing blankets, butcher shops, selling clothes, sewing baby items, making alpaca blankets, and selling bicycles.

This loan will benefit Martha, who indicates that she joined Pro Mujer 8 years ago after receiving an invitation from a Loan Officer of the institution who went to visit her in her home. Currently, Martha works making and selling blankets, a business which she started after learning how to knit from a friend.

The loan that she is asking for now is to buy more wool, which she will buy from the bulk sellers in the city of El Alto. She will then make her blankets and sell them to her clients. This work enables her to generate the necessary resources to maintain her family, since she is married and has 4 children.

When asked what she likes about Pro Mujer, Martha responds that she likes working as part of a lending group and benefits from the advice that she receives.
View original language description ↓
La A.C. “GENERACIÓN” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Martha es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de mantas, carnicería, venta de ropa, tejido de mantillas de bebe, mantas de alpaca, comerciante de bicicletas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Martha es integrante, ella indica que hace ocho años 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 elaboración y venta de mantas; este negocio lo emprendió cuando aprendió la técnica de tejido de su amiga.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las vendedoras mayoristas 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 mantener su familia, ya que ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el trabajo en grupo y el asesoramiento.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,524,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Generación Group's $3,575 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014