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Puerto De Guaqui Group
In this Group: Angelica, Rocio Maribel, Ayda, Rosmery, Juana, Jhenny, Lucy, Yolanda, Cecilia
The communal bank "Puerto de Guaqui" is starting their first loan cycle with PRO MUJER, in the central office of Panamericana. This group has 9 members and is led by a board of directors, of which Lucy is the treasurer. The members of this group have a variety of businesses, such as: furniture sales, food sales, a neighborhood store, a butcher shop, clothing sales, fruit sales, and braiding rugs.

This loan will benefit all of the small businesswomen in Lucy's communal bank. She states that this is her first experience as a member of PRO MUJER. She joined the organization at the invitation of her sister, who is also a member of the institution. Lucy now has a business buying and selling furniture. She learned this business on her own initiative by observing the furniture trade.

Lucy will use this loan to increase her capital by purchasing furniture in the traditional markets in the city of El Alto and later selling it from her shop. This way of working allows her to generate resources to support her family, because she is married and has 3 children.

When asked what she likes about PRO MUJER, she answered that she enjoys the financial and health training that the institution offers.
View original language description ↓
La A.C. “PUERTO DE GUAQUI” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Lucy es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de muebles, venta de comida, tienda de barrio, tienda de carnicería, venta de ropa, trenzado de mantas, venta de fruta.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lucy es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de su hermana que es socia de la institución. En la actualidad ella tiene un negocio de compra y venta de muebles; da a conocer que este negocio lo emprendió por iniciativa propia al observar el comercio que tiene estos artículos.

El crédito que ahora sacará es para el aumento de capital (compra de muebles) que adquirirá de las ferias 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 es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de capacitación en crédito y salud que le 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.

About Bolivia

  • $5,500
    Average annual income
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Puerto De Guaqui Group's $3,425 loan helped a member to buy furntiture.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014