Check out some available loans that are similar to this one!
Machaq Qantati Group
In this Group: Lidia, Merny Orfila, Maribel, Elisa , Paula Cristina, Lidia Juliana, Marco Antonio, Martha Janneth
The “Machaq Quantati” communal bank will start its first cycle in Pro Mujer as part of the Villa Adela Focal Center. It has 8 members led by a governing board whose treasurer is Elisa. The communal bank members carry out a variety of businesses among which are: whipped cream sales, cosmetics sales, buying and selling tires, liquor store, party supply sales, clothes sales, t-shirts and jewelry, beer supplier and locksmith service.

The loan they’ll take out will benefit small micro businesswomen like Elisa. She indicates that this is her first time participating in Pro Mujer having joined thanks to an invitation from a friend who is a member of the institution. She currently sells whipped cream, a business she started recently when she was unable to secure employment. However, being skilled at making this product she decided to apply her skill as a business.

The loan she’ll take out now is to increase capital. She will buy milk by the case from wholesalers in the city of El Alto and once manufactured will sell it from place to place. This way of working allows her to generate income to support her home as possible since she’s married and has four children. When asked what she likes about Pro Mujer, she answers the ease and swiftness of the loans.
View original language description ↓
La A.C. “MACHAQ QANTATI” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Villa Adela, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Elisa es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de cremas chantilin, venta de cosméticos, compra y venta de llantas, tienda de licores, tienda de cotillones, venta de ropa, polleras y joyas, distribución de cerveza, taller de cerrajería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elisa es integrante, ella indica que hace es la primera vez que integra Pro Mujer, ingresando por invitación una amiga que es socia de la institución. En la actualidad ella tiene un negocio de cremas chantilin (crema de leche batida); este negocio lo emprendió recientemente, al observar que no podía conseguir trabajo, sin embargo era hábil para la elaboración este producto, decide aplicar esta habilidad como negocio.

El crédito que ahora sacará es para el aumento de capital (compra de leche por caja) que adquirirá de las tiendas mayoristas de la ciudad de El Alto y posteriormente a la elaboración lo comercializará de forma ambulante. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito con facilidad y agilidad.

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

  • $5,500
    Average annual income
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Machaq Qantati Group's $2,400 loan helped a member to buy milk by the case.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014