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Maravillosas De Tilacoca Group
In this Group: Fabiana , Margarita, Carmen, Carmen , Ricardo , Elvira Roberta , Julia, Maria Natalia, Amalia , Nolberta, Graciela
The Communal Bank “Maravillosas de Tilacoca” is starting its first loan cycle with Pro Mujer as part of the Achacachi Community Center. This group consists of 11 members and is led by a Board of Directors in which Sra. Julia serves as the treasurer. The members of this Communal Bank engage in different businesses such as weaving blankets, selling vegetables, selling meat, knitting sweaters, selling fruit, making skirts, and selling livestock.

This loan will benefit small entrepreneurs such as Sra. Julia. She says that this is the first time she has joined Pro Mujer after receiving an invitation from a promoter of the organization who visited her at her house. Julia currently has a business of weaving blankets. She is familiar with this line of work after having learned the trade several years ago by helping her mother with the family business. Later on, she decided to continue in the same trade but work independently.

The loan she is receiving now will be used to increase her capital for buying wool, which she will acquire at the nearby fairs. Afterwards, she will use this material to make the products that she sells from her retail space. Working in this manner enables her to generate income to maintain her household. Julia is married and has three children.

When asked what she likes about Pro Mujer, Julia said that she enjoys the training seminars about health and credit.
View original language description ↓
La A.C. “MARAVILLOSAS DE TILACOCA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal Achacachi, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Julia es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de mantas, venta de verduras, venta de carne, tejido de chompas, venta de fruta, costura de polleras, venta de ganado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido de mantas; da a conocer que este negocio lo aprendió hace varios años atrás ayudando a su madre en el negocio familiar, posteriormente ella decide seguir con el negocio pero de forma independiente.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las ferias aledañas y posteriormente a la elaboración 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 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.

About Bolivia

  • $2,817
    Average annual income
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Maravillosas De Tilacoca Group's $3,050 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 29, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014