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Khantaty Group
In this Group: Elvira, Maxima , Sara Sonia , Virginia, Lucia, Miriam Monica , Mery, Augosta
The communal bank, Khantaty, will begin its third loan cycle with Pro Mujer as part of the Collpani office. Khantaty is made up of 8 members and is managed by a board of directors where Elvira is the President. The businesses that the members of this communal bank bring to the table are varied and include: selling food, selling sweets and snacks, selling vegetables, selling groceries, weaving clothing, running a neighborhood store, making artisanal sweaters, and selling underskirts.

This loan will benefit these small business owners including Elvira, who points out that it's been two years since she joined Pro Mujer after being invited to join by a friend who was already a member. Currently, Elvira's business is a neighborhood store, which she opened more than 20 years ago when her neighborhood's population was beginning to grow and she noticed few stores of this kind opening.

The loan that she is taking out now will increase her capital to buy rice, sugar, and oil, which she gets from the wholesale stores in the city, El Alto. Later she will sell these products in her own store. This form of work allows her to generate the resources necessary to maintain her home and care for her family. She is married and has four children.

When asked what she likes about Pro Mujer, Elvira responded that she likes the loans which they offer.
View original language description ↓
La A.C. “KHANTATY” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Elvira es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de dulces y comida, venta de verduras, venta de abarrotes, tejido de prendas, tienda de barrio, artesanía en chompas, venta de enaguas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elvira es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de su amiga que es socia de la institución. En la actualidad ella tiene un negocio de tienda de barrio; este negocio lo emprendió hace más de veinte años, cuando su zona se empezaba a poblar y observando pocos comercios decide emprender este negocio con la finalidad de generar recursos.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, azúcar, aceite) que adquirirá de las tiendas 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 cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito que se ofrece.

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
  • $31,548,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Khantaty Group's $2,075 loan helped a member to buy rice, sugar, and oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014