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Floristas Group
In this Group: Julia, Olga , Virginia, Francisca, Nancy, Lizeth Dania , Flora Viviana, Julio , Lourdes, Victoria, Marta Barbara
Floristas Communal Bank will start its twenty-first loan cycle with Pro Mujer as part of the Panamerican regional office. It's made up of 11 members and governed by a board of directors of which Julia's the president. The bank members carry out a variety of businesses, including furniture sales, tailoring, food sales, manual weaving, food sales, sweater sales, coca sales, vegetable sales, potato sales, and crackling sales.

The loan they're getting will benefit small business entrepreneurs such as Julia. She says it's the first time she has belonged to Pro Mujer, having joined on the invitation of her friend who's a member. Currently Julia has a tailor shop, which she opened on her own initiative after studying fashion design in a technical institute.

Julia's loan is to increase her capital by buying fabric, which she'll get from the traditional markets in the city of El Alto and sell in her sales stall. This job allows her to generate income to support her family, because she's married and has two children.

When asked what she likes about Pro Mujer, she says the savings the institution offers.
View original language description ↓
La A.C. “FLORISTAS” iniciará el vigésimo primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Julia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de muebles, costura de trajes, venta de comida, telar a mano, venta de comida, venta de chompas, venta de coca, venta de verduras, venta de papa, chicharronería (comida tradicional boliviana).

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de su amiga que es socia de la institución. En la actualidad ella tiene un negocio de taller de costura; da a conocer que este negocio lo emprendió por iniciativa propia al después de estudiar en una institución técnica donde aprendió diseño de prendas.

El crédito que ahora sacará es para el aumento de capital (compra de tela) 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 dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los ahorros 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

  • $2,817
    Average annual income
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Floristas Group's $4,975 loan helped a member to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014