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Esmeralda Group
In this Group: Clara Rosalia, Maritza , Patricia, Pamela, Lourdes, Norah , Lucia, Maria Elena
The “Esmeralda” communal bank will begin its 12th cycle with Pro Mujer as part of the German Busch regional center. It is comprised of eight members and led by a board of directors. Clara is the president. The businesses of the communal bank members are varied and include the production of potatoes and fried ‘chicharrones’ [fried pork rinds], selling hardware, selling food, sewing backpacks, knitting clothes, macramé, and making blankets.

The loan that they will take out will benefit small businesswomen where Clara is a member. She says that she joined Pro Mujer seven years ago by invitation from a friend who is a member of the institution. She currently has a macrame business. She says that she undertook this business because she knew how to macrame, which she learned at an institute.

The loan she will now take out is to increase capital to buy wool. She will get it from the wholesale vendors in the city of El Alto. After making her product, she will sell it at her sales stand. This way of working allows her to generate income to support her family. She is married and has three children.

When asked what she likes about Pro Mujer, she replied that she likes the health components.
View original language description ↓
La A.C. “ESMERALDA” iniciará el vigésimo segundo ciclo en Pro Mujer, como parte del Centro Focal de German Busch, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Clara es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: producción de papas y chicharrones fritos, venta en ferreteria, venta de comida, costura de mochilas, tejidos de prendas, tejido en macramé, confección de mantas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Clara es integrante, ella indica que hace siete años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tejido de macramé; da a conocer que este negocio emprendió ya que conocía la técnica de tejido, la que aprendió en un instituto.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las vendedoras mayoristas de la Ciudad de El Alto y posteriormente a la elaboración lo comercializará a en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que 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.

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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esmeralda Group's $3,850 loan helped a member to buy wool.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014