Check out some available loans that are similar to this one!
Manco Kapac Group
In this Group: Raimunda Matilde , Juan Carlos, Isidora , Mery, Angela Maria , Hilda Justa, Eugenia, Nora
The communal bank “Manco Kapac” will begin its tenth cycle with Pro Mujer, as part of the Focal Center Copacabana. This group consists of 8 members and it is led by a governing body, of which Raimunda is the President. The members of the communal bank carry out diverse business activities, among them: trout farming, selling bread, food, fruits, cheese, and the running of a small convenience store and a grocery store.

The loan that they are requesting now will benefit small micro businesswomen, and Raimunda is one of them. She has been a member of Pro Mujer throughout 7 cycles of the program. She joined when a friend who was a member invited her. Currently, Raimunda runs a food stall, which she initiated 7 years ago with a few savings that she had available.

This loan will help Raimunda to buy inputs for her business (groceries and vegetables) from wholesale suppliers at the city El Alto. Once she prepares her products, she will proceed to sell them at her food stall. This will help her to generate the income to support her household, as she is married and is a mother of 7 children.

When asked what services offered by Pro Mujer she likes the most, Raimunda replies that what she values the most is the credit and the savings that the group builds up together.
View original language description ↓
La A.C. “MANCO KAPAC” Iniciarán el décimo séptimo ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Raimunda es el Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: crianza y venta de trucha, venta de pan, comidera, venta de fruta, venta de queso, tienda de barrio, tienda de abarrotes.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Raimunda es integrante, ella indica que hace siete ciclos que integra Pro Mujer, ingresando por invitación de la amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de comida; cuenta que este negocio lo aprendió hace siete años atrás, iniciando con un pequeño capital que tenía.

El crédito que ahora sacará es para el aumento de capital (compra de abarrotes y verduras) que adquirirá de las ferias mayoristas de la Ciudad de El Alto 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 siete hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito y el ahorro que se realiza en el grupo.

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Manco Kapac Group's $6,100 loan helped a member to buy groceries and vegetables.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014