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Azucenas Group
In this Group: Raquel , Blanca Mery, Raul, Maria Virginia , Angela Edith , Hilaria, Marcelina, Eusebia, Teresa Lourdes
The communal bank "Azucenas" will begin its sixth loan cycle with ProMujer as part of the Villa Adela Regional Center. The group is composed of nine members and is led by a board of directors, where Señora Maria is the treasurer. The businesses that the members of the communal bank run are varied. Among them are selling gifts, computer technician, artisan blankets, selling fish, selling potatoes, a confectionery, and selling shoes.

The loan that they are taking out will benefit these micro-entrepreneurs, of which Señora Maria is one. She mentions that it was three years ago that she joined Pro Mujer, joining at the invitation of a friend who is a member of the institution. At this time she has a business of selling gifts. She undertook this business a number of years ago, upon observing people's needs.

The loan that she will take out now is to increase her capital to buy blankets, which she will buy in the wholesale stores of the city of El Alto, and after decorating them, she will sell them in her sales space. This form of work allows her to generate resources to maintain her household as much as possible, since she is married and has a son.

When she is asked what she likes about Pro Mujer, she responds that she likes the camaraderie of her group.
View original language description ↓
La A.C. “AZUCENAS” iniciará el sexto ciclo en Pro Mujer, como parte del Centro Focal de Villa Adela, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora María es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de regalos, técnico de computadoras, artesanía en mantas, venta de pescado, comercio de papa, repostería, venta de zapatos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por invitación una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de regalos; este negocio lo emprendió hace varios años atrás, al observar el requerimiento de las personas.

El crédito que ahora sacará es para el aumento de capital (compra de frazadas) que adquirirá de las tiendas mayoristas de la ciudad de El Alto y posteriormente a la decoración 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 es casada y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el compañerismo de su grupo.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Azucenas Group's $4,150 loan helped a member to buy blankets to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014