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Cuatro Rosas Group
In this Group: Justina , Julia, Margarita, Ximena, Mariela Genara, Bernaldo, Ross Mery , Maria Virginia , Paulina, Rosa
The Communal Bank “Cuatro Rosas” (Four Roses) is starting its first loan cycle with Pro Mujer as part of the Los Andes Community Center. This group consists of 10 members and is led by a Board of Directors headed by Sra. Justina as its president. The members of this Communal Bank engage in different businesses such as knitting sweaters, weaving blankets, managing a neighborhood store, knitting mittens, selling vegetables, selling coffee, selling pots, knitting caps, manufacturing sportswear, and selling meat.

The loan will benefit small businesswomen such as Sra. Justina. She says that she joined Pro Mujer a year ago after receiving an invitation from a friend who is a member of the organization. Justina currently has a business of selling meat. She gained knowledge about this business after learning the trade from her aunt, who taught her how to sell meat. Later on, she decided to venture on her own and has been in business now for 15 years.

The loan she is receiving now will be used to increase her capital for buying meat. She acquires her inventory in bulk at the traditional fairs in the Department of La Paz and then sells her products from her retail space. Working in this manner enables her to generate income to support her family. Justina is widowed and has four children.

When asked what she likes about Pro Mujer, Justina said that she enjoys the loans and the group unity.
View original language description ↓
La A.C. “CUATRO ROSAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Justina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de chompas, tejido de mantas, tienda de barrio, tejido de guantes, venta de verduras, venta de café, venta de ollas, tejido de gorras, costura de busos deportivos, venta de carne.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Justina es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio venta de carne; da a conocer que este negocio lo aprendió de su tía quien le enseño a realizar la comercialización de carne, posteriormente decide establecer su propio espacio de venta donde hasta el momento ya lleva quince años.

El crédito que ahora sacará es para el aumento de capital (compra de carne) que adquirirá de las ferias tradicionales, por mayor, del departamento de La Paz 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 es viuda y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito y la unión de grupos.

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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Cuatro Rosas Group's $4,500 loan helped a member to buy meat to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 21, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014