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San Luis Group
In this Group: Alicia, Reyna Elizabeth, Exalta, Lourdes , Vicenta, Eddy Willson, Blanca Olivia, Liz Jhoseline
The communal bank group “SAN LUIS” is starting its 29th loan cycle in Pro Mujer as part of the Central Focus of Collpani. This group is made up of eight members and is led by a board of directors, of which Vicenta is the treasurer. The businesses owned by these group members are diverse and include repairing electronics, selling beauty products, running a grocery store, selling glasswares, selling clothing, selling blankets, and sewing sweaters.

This loan will benefit the small business owners who are members of Vicenta's group. Vicenta reports that she has been involved with Pro Mujer for 18 months. She joined at the invitation of a friend who was already a member. Currently, Vicenta runs her own fruit stand. She learned this trade from working alongside her mother in the family business before she decided to open her own fruit stand.

She will use this loan to increase her capital (to buy fruit). She will buy the fruit at wholesale to later sell at her fruit stand. This form of work allows Vicenta to generate resources for her family. She is married and has four children.

When asked what she likes about Pro Mujer, she answers that she likes the orientation from credit advisors.
View original language description ↓
La A.C. “SAN LUIS” iniciará el vigésimo noveno ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Vicenta es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: taller electrónico, venta de productos de belleza, brostería, tienda de abarrotes, venta de vidrios, venta de ropa, venta de mantas, costura de chompas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Vicenta es integrante, ella indica que hace diez y ocho meses que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de frutas; da a conocer que esta actividad la aprendieron de su madre, ya que ella apoyaba en el negocio familia, posteriormente decide emprender su propio espacio de trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las vendedoras mayoristas y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para 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 gustan la orientación de las asesoras de 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.

About Bolivia

  • $2,817
    Average annual income
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,673,075
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of San Luis Group's $4,000 loan helped a member to buy fruit.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014