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Esmeralda Group
In this Group: Marina Marisol, Gabriela, Martha , Maria Juana, Magdalena , Miguelina , Tomasa , Petrona
The credit group "Esmeralda" is starting its 10th loan cycle with Pro Mujer, as part of the Centro Focal de los Andes. The group is made up of eight women and is led by an executive board, of which Marisol is the president. The businesses run by the women in the group are varied: tailoring coats, selling toys, an inn, selling clothes, making skirts, making clothes, and making aprons.

The loan they are taking out will benefit the entrepreneurs who are members of the group along with Marisol. Marisol says that she has been with Pro Mujer for eight years. She became involved at the invitation of her mother, who is a partner with the institution. Now, she has her own sewing workshop. She learned this business by working in another workshop, and she later decided to open her own shop.

The loan she is taking out now is to increase her capital to purchase fabrics from the best shops. She will then create products and sell them in her commercial space. This work allows her to generate resources to maintain her family, because she lives with her family and has two children.

When asked what she likes about Pro Mujer, she says that she likes she likes the health and credit training.
View original language description ↓
La A.C. “ESMERALDA” iniciará el décimo 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 Marisol es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de chamarras, venta de juguetes, pensión, venta de ropa, confección de polleras, costura de ropa, confección de mandiles.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Marisol es integrante, ella indica que hace ocho años que integra Pro Mujer, ingresando por invitación de su madre que es socia de la institución. En la actualidad ella tiene un negocio de taller de costura; este negocio lo aprendió porque trabajaba como operaria en un taller, posteriormente decide emprender su propio espacio de costura.

El crédito que ahora sacará es para el aumento de capital (compra de telas) que adquirirá de las tiendas mayoristas 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 vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en salud y crédito.

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

  • $2,817
    Average annual income
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esmeralda Group's $6,025 loan helped a member to buy fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014