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Manzanitas De Corpa Grande Group
In this Group: Virginia, Fabiana, Benita , Andrea , Elena Aurora , Lidia , Angelica, Jesus
The communal bank "MANZANITAS DE CORPA GRANDE" will begin its first loan cycle in the Pro Mujer Program at the Achacachi Social Center. The group comprises eight members whose management team is led by the president, Virginia. All the members of the group are involved in different businesses such as onion sales, blanket weaving, and mango processing.

The loan will benefit small business owners, such as Virginia. She says this is the first time she is involved with Pro Mujer and she joined by invitation from her mother who is a member of the institution. Her current business is selling onions, a trade she learned at her former place of employment selling the same products. When she got married she decided to set up her own business.

The loan will be used to increase capital to buy onions from wholesale sellers in the city of El Alto. She will later sell them at her stall. She earns a living this way to support her family. She is married and has three children.

When asked what she likes about Pro Mujer, she says it is the training area and the meetings.
View original language description ↓
La A.C. “MANZANITAS DE CORPA GRANDE” iniciará el primero ciclo en Pro Mujer, como parte del Centro Focal de Achacachi, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Virginia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de cebolla, tejido de mantas, elaboración de mangos para picota.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Virginia es integrante, ella indica que es la primera vez 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 cebollas; da a conocer que este negocio aprendió de su anterior trabajo donde realizaba la venta de los mismos productos, posteriormente cuando se casó decide emprender un negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de cebollas) 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.

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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,577,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Manzanitas De Corpa Grande Group's $1,750 loan helped a member to buy onions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014