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Kiswaras Group
In this Group: Damiana, Luisa Janeth , Paula, Marina , Natalio , Guillermo, Alicia Giovana , Emiliana
The communal bank ‘KISWARAS’ is starting its third cycle with Pro Mujer, through the Copacabana regional office. The communal bank is made up of eight members and is headed by a board of directors, of which Damiana is the President. The members of this communal bank have various businesses, including selling Laja bread, selling tucumanas [a type of empanada, a meat-filled pastry], a bakery, selling beer, selling toys and fruit sales.

This loan will be used to benefit small business owners, including Damiana. She says she has been a member of Pro Mujer for two years, joining by invitation of a facilitator who visited her at home. Currently, Damiana has a bakery business. She says that she started this business on recommendation from her mother, who taught her the business as a child. When she decided to have a partner, she started the business independently.

The loan she is taking out now will increase her capital (to buy flour), which she will buy from wholesale vendors from Cuidad de La Paz. She will then sell her products in her retail space. This kind of work helps her generate income to support her household, as she lives in a common-law marriage and has two children.

When asked what she likes about Pro Mujer, Damiana replies that she likes the loan payments that the institution offers.
View original language description ↓
La A.C. “KISWARAS” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Damiana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de pan de laja, venta de tucumanas, panadería, venta de cerveza, venta de juguetes, venta de verduras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Damiana es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de panadería; cuenta que este negocio lo implemento por recomendación de su madre quien le enseño este negocio desde niña, cuando decide tener pareja comenzó con el negocio independientemente.

El crédito que ahora sacará es para el aumento de capital (compra de harina) que adquirirá de las vendedoras 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 vive en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el pago del crédito que 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.

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About Bolivia

  • $5,500
    Average annual income
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,548,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiswaras Group's $5,150 loan helped a member to buy flour.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014