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Cielito Group
In this Group: Victoria, Marcela, Juana, Danitza Fernanda , Carla Andrea, Remberto, Francisca, Justina
Cielito Communal Bank will start its first loan cycle with Pro Mujer as part of the Cascada Regional Office. It's made up of eight members governed by a board of directors of which Juana's the treasurer. The bank members carry out a variety of jobs, including vegetable sales, making athletic clothing, jewelry sales, a neighborhood store, and food sales.

The loan they're going to get will benefit small business entrepreneurs like Juana. She says she has belonged to Pro Mujer for two years, having joined on the invitation of a bank counselor who visited her at home. Currently she has a business tailoring and selling athletic clothing. She says she started this business several years ago when she acquired a sewing machine. In time her children also started to work in her shop.

Juana's loan is to increase her capital by buying fabric. She'll get it from the wholesale vendors in the city of El Alto and sell the clothing on order after production. This job allows her to generate income to support her household to the extent possible, because she's married and has five children.

When asked what she likes about Pro Mujer she says the loan and health training and the clinics.
View original language description ↓
La A.C. “CIELITO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Juana es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de verduras, confección de deportivos, venta de joyas, tienda de barrio, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Juana es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de costura y venta de deportivos; cuenta que este negocio lo emprendió hace varios años atrás, ya que comenzó el negocio con la adquisición de una máquina con el pasar del tiempo sus hijos también empezaron a trabajar en su taller.

El crédito que ahora sacará es para el aumento de capital (compra de telas) que adquirirá de las distribuidoras mayoristas de la Ciudad de El Alto y posteriormente a la elaboración lo comercializará en a pedido. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues es casada y tiene cinco hijos.

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

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
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Cielito Group's $3,500 loan helped a member to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014