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23 De Febrero Group
In this Group: Pamela Lucy, Dolores, Remedios, Martina, Benita, Desideria, Blanca Lourdez, Nieves , Yohovana
23 de Febrero Communal Bank will start its twenty-seventh loan cycle with Pro Mujer as part of the Panamericana regional office. It's made up of nine members governed by a board of directors of which Pamela is the president. The various businesses of the members of the communal bank include sewing jackets, meat sales, a neighborhood store, food sales, and knitting alpaca sweaters.

The loan they're getting will benefit small business entrepreneurs such as Pamela. She says she has been with Pro Mujer for nine cycles, having joined on the invitation of a friend who's a member of the institution. Currently Pamela has a business selling food, which she decided to start because she saw that her neighbors needed to have a place to buy food.

The loan Pamela's going to get is to increase her capital by buying containers and utensils from the wholesale stores in the city of El Alto to use in her stall. This form of work allows her to generate income to support her household to the extent possible, because she lives with her partner and has two children.

When asked what she likes about Pro Mujer, she says the health trainings and the loans.

One of the borrower's sisters accompanies her. She is in the background of the photo.
View original language description ↓
La A.C. “23 DE FEBRERO” iniciará el vigésimo séptimo ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Pamela es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de chamarras, venta de carne, tienda de barrio, venta de comida, tejido de chompas de alpaca.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Pamela es integrante, ella indica que hace nueve 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 venta de comida; este negocio lo emprendió al observar la necesidad que tenían sus vecinos de contar con un espacio de compra de comida, es por ella decide establecer el mismo.

El crédito que ahora sacará es para el aumento de capital (compra de garrafas, utensilios) que adquirirá de las tiendas mayoristas de la ciudad de El Alto y posteriormente lo implementará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en salud y crédito.

Algrupo acompaña la hermana de una de las socias, la que esta en el fondo de la fotografía.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 23 De Febrero Group's $4,675 loan helped a member to buy containers and utensils.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014