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Los Angeles Group
In this Group: Juana , Sonia, Yolanda, Genara, Claudia Flora, Carla Floren , Jesus Alberto , Maribel
The “Los Angeles” (The Angels) communal bank will start its sixth cycle in Pro Mujer as part of the Collpani Focal Center. It has 8 members led by a governing board presided over by Juana. The communal bank members carry out a variety of businesses among which are: “chiflería” (selling accessories to make incense or aromatic smoke), clothes making, sales of American clothes, pastry making, sweater knitting, neighborhood store and pants sales.

The loan they’ll take out will benefit small micro businesswomen like Juana. She indicates that she’s been part of Pro Mujer for six months having joined thanks to an invitation from a friend who is a member of the institution. She currently has a business weaving and selling blankets. She started it with some small savings she earned while helping her mother. Later on, she decided to open her own business.

The loan she’ll take out now is to increase capital. She will buy wool from street markets in the city of El Alto and then after she makes them will sell them in her stand. This way of working allows her to earn income to support her home as best possible since she’s in a common law relationship and has two children. When asked what she likes about Pro Mujer, she answers the medical clinic.
View original language description ↓
La A.C. “LOS ANGELES” iniciará el sexto 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 Juana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: chiflería (comercio de accesorios para saumerío), tejido de prendas, venta de ropa americana, repostería, tejido de chompas, tienda de barrio, venta de pantalones.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Juana es integrante, ella indica que hace seis 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 tejido y venta de mantas; este negocio lo emprendió con un pequeño ahorro que cuando le ayudaba a su madre, posteriormente decide implementar su negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las ferias 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 en lo posible a su hogar pues ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el consultorio de médico.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $29,043,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Angeles Group's $3,425 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014