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Flor De Canela I Group
In this Group: Felipa, Olga, Ana , Lucila, Eugenia , Marcela, Pastor, Beatriz
The community association group "FLOR DE CANELA I" [Cinnamon Flower I] will begin its first cycle in Pro Mujer as part of the Cascada regional office. The group consists of eight members and is headed by a board of which Beatriz is Secretary. The businesses that the members of the community association have are varied and include a hardware store, butcher shop, selling food, making alpaca wool yarn, selling shoes, selling clothes, and making hats.

The loan they are requesting will be useful for a small microentrepreneur like Beatriz. This is her first time working with Pro Mujer, entering on an invitation from her friends who are also members of the institution. Today, she has a business selling clothes. She learned this business from her neighbor who sells the same products.

The loan she is requesting will bring an increase in working capital to purchase clothes in the traditional open-air markets in the city of El Alto. She will then make and sell her products in her retail space. This business allows her to generate resources to support her family, her partner and son.

When asked what she likes about Pro Mujer, Beatriz says that she likes the health services offered by the institution.

In the picture, two additional people accompany the group. One is dressed in a black sweater and glasses and another is seated wearing a white hat.
View original language description ↓
La A.C. “FLOR DE CANELA I” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Beatriz es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de ferretería, carnicería, venta de comida, hilado de lana de vicuña, venta de zapatos, venta de ropa, costura de gorras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Beatriz es integrante, ella indica que es la primera vez 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 ropa; da a conocer que este negocio lo aprendió de su vecina, quien comercializaba los mismos productos.

El crédito que ahora sacará es para el aumento de capital (compra de ropa) que adquirirá de las tiendas tradicionales de la Ciudad de El Alto y posteriormente 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 concubinato y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud que se tiene en la institución.

En la fotografía acompañan al grupo dos señoras, una esta vestida con una chompa negra y lentes y la otra esta sentada con una sombrero blanco.

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
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,410,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Canela I Group's $3,125 loan helped a member to purchase clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014