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Las Luminosas Group
In this Group: Flora, Paulina Julia, Flavio, Francisca, Betty Isabel , Magdalena, Eugenia Josefa, Tatiana
The “LAS LUMINOSAS” communal bank will start its third cycle in Pro Mujer as a part of the Villa Adela center. It is made up of eight members and led by a board of directors of which Flora is the secretary. The businesses that the members have are varied. Among them are selling food, doing macramé, sewing skirts, making bricks, a neighborhood store, knitting sweaters, and cooking.

The loan they will take out now will benefit the micro-businesswomen, including Flora. She indicates that she has been in Pro Mujer, joining at the invitation of a friend who is a member of the institution. Right now, she she has a business making food. She says that she learned this business on her own initiative several years ago, because she needed a way to generate income.

The loan she will take out now is to increase her capital by buying rice, oil, pasta and canned goods that she will acquire from wholesale shops in the city of El Alto. After preparation, she will sell her food in her sales space. This work allows her to generate income to support her home, as she is married and has two children.

When asked what she likes about Pro Mujer, she says that she likes the loans it offers.
View original language description ↓
La A.C. “LAS LUMINOSAS” Iniciarán el tercer ciclo en Pro Mujer, como parte del Centro Focal de Villa Adela, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Flora es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, tejido de macramé, costura de polleras, fábrica de ladrillos, tienda de barrio, tejido de chompas, cocinera.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Flora es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad él tiene un negocio de elaboración de comida; cuenta que este negocio lo emprendió por iniciativa propia hace varios años atrás, ya que necesitaba un medio de generar recursos.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceite, fideo, enlatados) que adquirirá de las tiendas 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 dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito que se ofrece.

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

  • $5,500
    Average annual income
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Luminosas Group's $2,175 loan helped a member to buy rice, oil, pasta and canned goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014