The “6 de Abril” communal bank will begin its eighth 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. María is the president. The businesses that the members of the communal bank carry out are varied and include a neighborhood store, leggings production, flour sales, button and hat sales, blanket sales, recycled cable sales, and the production of women’s shoes.
The loan they will take out will benefit small businesswomen where María is a member. She says that she has been a member of Pro Mujer for two years, joining by invitation from her mother, a member of the institution. She currently has a business selling hats. She says that she undertook this business as she was advised to do so by a family member who works in the same field.
The loan that she will now take out is to increase capital to buy hats. She will get them from the wholesale vendors in the city of El Alto. She will later sell them at her sales space. This way of working allows her to generate resources 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 trainings and the meetings.
La A.C. “6 DE ABRIL” iniciará el octavo 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 María es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, producción de polainas, venta de harina, venta de botones y sombreros, venta de mantas, venta de cables reciclados, producción de zapatos de damas.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Maria es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de su madre que es socia de la institución. En la actualidad ella tiene un negocio de venta de sombreros; da a conocer que este negocio emprendió a concejo de un familiar que trabaja en el mismo rubro.
El crédito que ahora sacará es para el aumento de capital (compra de sombreros) que adquirirá de las vendedoras mayoristas de la Ciudad de El Alto y posteriormente 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 capacitación y las reuniones.
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.