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Sonko Suwa Warmisita Group
In this Group: Modesta, Lourdes, Felicidad, Martha Maxima , Nery Delma, Miriam Segundina, Isabel Estela, Angela
The communal bank "Sonko Suwa Warmisita" will start its second loan cycle in the Panamericana offices of Pro Mujer. This group has 8 members, and is led by a board of directors where Angela is the treasurer. The members of this communal bank have a variety of businesses including: sewing jackets, selling lamb meat, running a neighborhood store, running an internet cafe, selling food, embroidering alpaca sweaters, and snack bar.

The loan that they are taking will benefit this group of small businesswomen, of which Angela is a member. She states that she joined Pro Mujer one loan cycle ago at the invitation of a friend who is a member of the institution. Anglela currently has a neighborhood store, which she started up after seeing that her neighbors needed to have a place to shop. This is the reason that she established her store.

The loan that she is now taking will be used to increase her capital (to purchase rice, noodles and cooking oil). She will acquire these items from the wholesale distributors in the city of El Alto, and later sell them from her store. By working this way, she can generate resources to support her family, as she is married and has 3 children.

When asked what she likes about Pro Mujer, she answered that she likes the health and credit training.
View original language description ↓
La A.C. “SONKO SUWA WARMISITA” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Ángela es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de chamarras, venta de carne de cordero, tienda de barrio, atención de internet, venta de comida, bordado de chompas de alpaca, atención de snack.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ángela es integrante, ella indica que hace un ciclo que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tienda de barrio; este negocio lo emprendió al observar la necesidad que tenían sus vecinos de contar con un espacio de compra, es por ella decide establecer el mismo.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, fideo, aceite) que adquirirá de las distribuidoras mayoristas de la ciudad de El Alto y posteriormente 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 tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones 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

  • $5,500
    Average annual income
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sonko Suwa Warmisita Group's $5,050 loan helped a member to buy rice, noodles and cooking oil.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014