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Mina De Oro Group
In this Group: Julia , Julia , Rosmery, Eliana, Jose Luis, Veronica , Delicia , Estela
The lending group "Mina de Oro" [Gold Mine] will begin their second cycle with Pro Mujer as part of the focal center of Senkata. The group has 8 members and a board of directors led by the president, Julia. The members have various businesses including: raising cattle, making blankets, public transportation, selling medicinal products, selling repair parts, selling sheep, and sewing blankets.

This loan will benefit small business owners like Julia, who has been a part of Pro Mujer for two years, joining at the invitation of her friends who are members. Currently she has a sewing business. She learned it because she helped out in the family business, and later when she got married she decided to work independently. The loan will help her to buy fabric in the traditional markets on the Peruvian-Bolivian border and later she will make things to sell in her store. This work allows her to generate income to sustain her family - her husband and two children.

When asked what she likes about Pro Mujer, she says the savings that she has in the institution.
View original language description ↓
La A.C. “MINA DE ORO” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Julia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: cría y venta de ganado, producción de mantas, servicio de transporte público, venta de productos medicinales, venta de repuestos, venta de ovejas, tejido de mantas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de sus amigas que son socias en la institución. En la actualidad ella tiene un negocio de venta de taller de costura; da a conocer que este negocio lo aprendió porque apoyaba a en el negocio familiar, posteriormente a que tuvo su pareja decide implementar un espacio de trabajo independiente.

El crédito que ahora sacará es para el aumento de capital (compra de tela) que adquirirá de las ferias tradicionales de la frontera Perú - Bolivia 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 vive en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta ahorro que se tiene en 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.

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About Bolivia

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mina De Oro Group's $4,375 loan helped a member to buy fabric.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014