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Yunguyo Group
In this Group: Claudina, Sandra, Roxana, Filomena Pascuala, Rosalia, Julia, Filomena, Rosalia, Martina
The “YUNGUYO” communal bank is in its eighth cycle with Pro Mujer, as part of the Los Andes center. It’s made up of nine members and directed by a board of directors where Claudia serves as the president. The members’ businesses include knitting sweaters, a neighborhood store, shoe making, selling hairclips, blanket knitting, petticoat making, and selling food.

This loan will benefit their small businesses, including Claudia’s. She has been with Pro Mujer for two years and joined on the invitation of a promoter who visited her in her home. She has a food business and says that she learned this business 20 years ago by watching these items being widely sold in the market.

This loan will allow her to increase her working capital and buy rice, cooking oil, noodles at the traditional fairs in the city of El Alto, and sell the merchandise in her stall. This type of work allows her to generate income to support her family, since she is a widow and has six children.

When asked what she likes about Pro Mujer, she says that she likes the training on savings.
View original language description ↓
La A.C. “YUNGUYO” iniciará el octavo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Claudina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de chompas, tienda de barrio, elaboración de calzados, venta de tullmas, tejido de mantas, confección de enaguas, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Claudina es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su domicilio. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo aprendió hace veinte años, al observar que estos productos son ampliamente comercializados en el mercado.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceite, fideo) que adquirirá de las ferias tradicionales de la Ciudad de El Alto y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que ella es viuda y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de capacitación y los ahorros que le ofrece la institución.

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
  • $29,524,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Yunguyo Group's $2,775 loan helped a member to buy rice, sugar, and cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014