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Fe Y Esperanza Group
In this Group: Dayana Maria, Rosalia , Jose Fermando, Marisabel, Susana, Fabiola Narda , Luisa, Nieves
The Fe y Esperanza (Faith and Hope) communal bank will begin its first cycle with Pro Mujer as part of the Juan Pablo regional hub. It is made up of eight members and is lead by a Board of Directors of which Señora Dayana is president. The businesses that the communal bank members carry out are varied. Among them are vegetable sales, CD sales, the sewing of sportswear, shoes sales, drink sales, food sales, and clothing sales.

The loan that they are taking out will benefit these small-time microentrepreneurs, one of whom is Señora Dayana. She says that this is her first time with Pro Mujer. She joined due to an invitation from a promoter of the organization who went to her home to visit her. Currently she has a business making and selling footwear. She shares that she learned this trade from her father, because he had the same business. Later, with a little capital, she decided to begin her own business.

The loan that she is now taking out is to increase her capital for the purchase of leather, which she will buy from the wholesale sellers in the city of La Paz. After putting it together, she will sell it in her sales stall. This type of work lets her generate income to keep up her family, because she is single and has a child. When she was asked what she likes about Pro Mujer, she answered that she likes the health area that the organization offers.
View original language description ↓
La A.C. “FE Y ESPERANZA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Juan Pablo, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Dayana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de verduras, venta de CD’s, confección de deportivos, venta de calzados, venta de refrescos, venta de comida, venta de ropa.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Dayana es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a su casa a visitarle. En la actualidad ella tiene un negocio de elaboración y venta de calzados; da a conocer que este negocio lo adquirió por iniciativa de su padre, ya que él tenía el mismo negocio, posteriormente con un pequeño capital que tenía decide emprender su negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de cuero) 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 a su familia, ya que ella es soltera y tiene un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud 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

  • $2,817
    Average annual income
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Esperanza Group's $3,175 loan helped a member to buy leather.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014