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La Primera Ii Group
In this Group: Lidia, Gladys , Rossmery, Sofia Eleuteria, Paola Pamela , Emiliana, Sara Lorena , Juana
The communal bank "La primera II" is initiating its second loan cycle with Pro Mujer, as a part of the focal point Villa Tejada. The group consists of eight members and is governed by a board of trustees where Lidia is the recording secretary. The members of this communal bank run various businesses such as making baby clothes, selling fruits, selling cosmetics, hardware store, selling knick-knacks, and selling sweets.

The loan they are taking out will benefit small microentrepreneurs, and among them is Lidia. She comments that she has been a member of Pro Mujer for three years. She joined upon an invitation from her friend who is a member of the institution. Lidia's current business is to knit baby clothes by hand and on a knitting machine. She started this business seven years ago when she bought her knitting machine. In the beginning she produced few products, but then she decided to expand her business and joined Pro Mujer.

The loan she is requesting now will be spent on wool that she will buy wholesale in the city of El Alto, and then sell in her place of business. This way of working allows her to generate the necessary incomes for her household, since she lives with her partner and three children.

When asked what she likes about Pro Mujer, she answers that she likes the training on finance and health.
View original language description ↓
La A.C. “LA PRIMERA II” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Villa Tejada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Lidia es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: producción de ropa de bebe, venta de fruta, venta de cosméticos, tienda de ferretería, venta de cachivaches, venta de dulces.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lidia es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tejido a mano y máquina de ropa de bebe; cuenta que este negocio lo emprendió por la compra de su máquina de tejer hace siete años, con lo cual producía poca mercadería, posteriormente decide ampliar su mercadería e ingreso a Pro Mujer.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las tiendas mayoristas de la Ciudad de El Alto 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 vive en concubinato y tiene tres hijos.

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

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
  • 99
    View loans »
    Bolivia Loans Fundraising
  • $29,022,125
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Primera Ii Group's $2,725 loan helped a member to buy wool.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014