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Otro Dia Group
In this Group: Maria Leidy, Eugenia, Sabina, Jhoseline, Ines Sabina, Willma , Esther , Natalia
The "Otro Día" ("Another Day") communal bank is beginning its third cycle with Pro Mujer as part of the Alto Lima regional hub. This group is made up of nine members and is run by a board of directors, of which María is the president. The members' businesses are varied and include selling fruit, selling salchipapas (fried potatoes with hot dogs), selling computers, sewing layettes, selling sneakers, and carpentry.

This loan will benefit small business owners such as María. She joined Pro Mujer six years ago by invitation from one of the institution's promoters, who visited her at home. She currently has a business selling fruit. She says that she took on this business when her grandmother died and she inherited the stall and the business. This business helps her family.

She will use this loan to increase her working capital by buying wholesale fruit from the traditional markets. She will later sell this fruit from her sales point. This type of work allows her to generate an income to support her family, as she is in a common-law marriage with two children.

When asked what she likes best about Pro Mujer, she says that she likes the health workshops and the loans.
View original language description ↓
La A.C. “OTRO DÍA” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora María es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de fruta, venta de salchipapas, venta de computadoras, tejedora de ajuares de bebe, venta de deportivos, carpintería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María es integrante, ella indica que hace seis años que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio venta de frutas; da a conocer que este negocio lo adquirio al fallecer su abuela, adquiriendo el puesto y el negocio por herencia, lo que en la actualidad ayuda a su familia.

El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las ferias tradicionales, por mayor, y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a 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 la capacitación 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
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Otro Dia Group's $5,550 loan helped a member to buy fruit.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014