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Mallku Irpiri Group
In this Group: Elvira, Isamar , Ruth Miriam, Rosa , Lidia , Nitza Evelin, Melvy Karina , Martha
The communal bank "Mallku Irpiri" will start its fifteenth lending cycle with Pro Mujer as a part of Centro Focal de Santiago II. The communal bank is made up of eight members and run by a board of directors. Señora Elvira is the president of the board of directors. The members' businesses are varied and include: selling eggs, locksmithing, selling milk and cheese, clothing sales, weaving blankets, selling plaster, making baby clothing and selling sweets.

The loan they will take out will benefit small, micro-entrepreneurs, of which señora Elvira is one. She says that four years ago she joined Pro Mujer at the invitation of some friends who were members of the institution. Currently, señora Elvira has a business selling cheese. She tells us that she started the business on her own initiative with the first loan she took out from Pro Mujer.

The loan that señora Elvira is taking out now is for increasing her capital to purchase cheese. She will acquire the cheese in the rural communities of La Paz Department and later sell it in her sales stall. This line of work allows her to generate the resources she needs to support her household as well as as can. She is married and has three children.

When asked what she likes about Pro Mujer, señora Elvira says that she likes the area of health, the trainings and the loans.
View original language description ↓
La A.C. “MALLKU IRPIRI” iniciará el décimo quinto ciclo en Pro Mujer, como parte del Centro Focal de Santiago II, 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 huevos, cerrajería, venta de leche y queso, venta de ropa, tejido de mantas, venta de estuco, confección de ropa de bebe, venta dulces.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elvira es integrante, ella indica que hace cuatro años que integra Pro Mujer, ingresando por invitación de la sus amigas que son socias de la institución. En la actualidad ella tiene un negocio de venta de queso; cuenta que este negocio lo emprendió por iniciativa propia con el primer crédito que saco en Pro Mujer.

El crédito que ahora sacará es para el aumento de capital (compra de queso) que adquirirá de las comunidades rurales del departamento de La Paz 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 el área de salud, las capacitaciones y los créditos.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,370,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mallku Irpiri Group's $3,350 loan helped a member to purchase cheese.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014