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El Prado Group
In this Group: Maria Eugenia, Juana Benita, Salome, Beatriz Aurelia , Betty Victoria, Lidia, Agustin, Judith Rosario
The communal bank group "El Prado" will begin their second loan cycle with Pro Mujer, as part of the regional office Centro Focal de Los Andes. The group is made up of eight members and is run by a board of directors, of which María is the president. The members of the bank group are engaged in various businesses, among them the following: selling blankets, selling cheese, selling clothing, selling sweets, and selling chargers.

The loan they will take out will benefit small micro-entrepreneurs, of which María is one. She indicates that she has been part of Pro Mujer for six months, having joined at the invitation of a friend who is a member of the institution. She currently has a business sewing vests; she lets us know that she learned this business when she went to work in Brazil. When she gathered a small amount of capital she decided to return to Bolivia and open her own workspace.

The loan she will now take out is for the increase of capital to buy fabric, which she will get in the wholesale stores in the city of El Alto, and later, after working with it, she will sell it in her place of sale. This work allows her to generate resources to support her family, as she is married and has two children.

When asked what she likes about Pro Mujer, she says that she likes the meetings of her communal bank.
View original language description ↓
La A.C. “EL PRADO” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Maria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de mantas, venta de queso, venta de ropa, venta de dulces, venta de cargadores.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Maria es integrante, ella indica que hace seis meses 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 costura de chalecos; da a conocer que este negocio lo aprendió cuando fue a Brasil a trabajar, cuando reunió un pequeño capital decide retornar a Bolivia y emprender su propio espacio de trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de tela) que adquirirá de las tienda mayoristas 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 casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones de su Banca Comunal.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of El Prado Group's $2,475 loan helped a member to buy fabric.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014