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Corazones De Oro Group
In this Group: Juana , Mariela, Martha Rosa, Ines , Escolastica Guillermina, Delia Regina, Miguel Ismael, Margarita
The Corazones de Oro communal bank will start the first loan cycle with Pro Mujer, as part of the Centro Focal Copacabana. It is made up of eight members and is managed by a Board where Juana is the president. The businesses that the members of the communal bank undertake are varied, including blanket weaving, selling vegetables, selling milk and cheese, and running a neighborhood store.

The loan that they have taken out will help micro entrepreneurs such as Juana; she states that she became a member of Pro Mujer six months ago, entering at the invitation of a promoter of the institution who came to visit her in her home. She currently has a business selling milk and cheese, which informs us that she learnt this trade several years ago as it is a family business. After getting married, she decided to start her own sales area.

The loan that will take out now is to increase her working capital (to buy calves) that she will purchase in the agricultural shows nearby her community and later on to rear the calf and produce products that she will sell in her sales area. This form of work will enable her to generate an income to support her home as much as possible as she is married and has three children.

When asked what it is that she likes about Pro Mujer, she replies that she likes the training in health and loans.
View original language description ↓
La A.C. “CORAZONES DE ORO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal Copacabana, está compuesta por ocho integrantes y esta dirigida por una mesa directiva donde la señora Juana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trenzado de mantas, venta de verduras, venta de leche y queso, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Juana es integrante, ella indica que hace seis meses 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 venta de leche y queso; da a conocer que este negocio lo aprendió hace varios años atrás, ya que es un negocio familiar, posteriormente a su matrimonio decide emprender su propio espacio de venta.

El crédito que ahora sacará es para el aumento de capital (compra de terneritas) que adquirirá de las ferias aledañas a su comunidad y posteriormente a la crianza del mismo y la elaboración de los productos 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.

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About Bolivia

  • $2,817
    Average annual income
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazones De Oro Group's $3,475 loan helped a member to buy baby calves.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014