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Kolla Marka Group
In this Group: Florencia , Carla Andrea, Lucia, Elida , Maxima , Sonia Marcela, Cricelda, Maria Salome , Wilson , Rosmery
The communal bank "Kolla Marka" will begin its eleventh loan cycle with Pro Mujer, as part of the Focal Point of Alto Lima. It is composed of ten members and is run by a board which has Florencia as the President.

The businesses that the members of the association are running are varied. Among them are: cold porcelain works, costume jewelry, sewing of ponchos, a dairy, making balls, a neighborhood store, vegetable sales, pastries and cloth weaving.

The loan they will take out will benefit small businesswomen, of which Florencia is a member. She says she joined Pro Mujer ten years ago, by invitation of a friend who is a partner in the institution. She currently has a business sewing balls. She said that she learned this business from her husband, 20 years ago, when they started their own workshop.

The loan that she will take out now is for increasing capital (buying leather) that she will get from wholesale stores in La Paz, and subsequently for production. She will sell it in her sales space. This form of work allows her to generate resources to sustain her home, since she is married and has two children.

When asked what she likes about Pro Mujer, she says that she likes the sharing in her community bank.
View original language description ↓
La A.C. “KOLLA MARKA” iniciará el décimo primer ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Florencia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trabajo en porcela fría, bisutería, costura de chamarras, lechería, confección de balones, tienda de barrio, venta de verduras, reposterías, tejido de ropa.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Florencia es integrante, ella indica que hace diez años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de costura de balones; cuenta que este negocio lo aprendió de su esposo, hace veinte años, cuando emprendieron su propio taller.

El crédito que ahora sacará es para el aumento de capital (compra de cuero) que adquirirá de las tiendas mayoristas de la ciudad de La Paz y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el compartir en 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.

About Bolivia

  • $5,500
    Average annual income
  • 174
    View loans »
    Bolivia Loans Fundraising
  • $30,755,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kolla Marka Group's $5,150 loan helped a member to buy leather.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014