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Esperanza Group
In this Group: Victoria Cesaria , Maria Patricia, Tomasa Teresa, Lucia, Patricia Gertrudis , Carlos Fernando, Laura Andrea, Rosarios Rosmery
The “ESPERANZA” communal bank has started their second cycle with Pro Mujer, as part of the Villa Exaltación branch. It is composed of 8 members who are lead by a board of directors of whom Laura is the Secretary. The businesses of the members are varied, including: the sale of quinoa juice, the sale of vicuña wool, making bread, selling roasted chicken, transportation services, and making backpacks.

The loan will benefit all these micro-entrepreneurs, of whom Laura is one. She says that she joined Pro Mujer eight months ago on the invitation of a friend who is a member of the institution. Currently her business is selling food. She explains that she learned how to do this through the work she did before. She decided to open her own commercial space.

The loan she is requesting is to increase her capital, buying vegetables wholesale, which she will acquire from wholesalers in the city of El Alto. She'll later sell them in her commercial space. This way of working allows her to support her household as well as possible. She is single and lives with her parents. When asked what she likes about pro Mujer, she stated that she liked the attention she receives from the staff of the institution.
View original language description ↓
La A.C. “ESPERANZA” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Laura es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de jugos de quinua, hilado de lana de vicuña, venta de fruta, elaboración de pan, venta de pollos a la broster, servicio de transporte, costura de mochilas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Laura es integrante, ella indica que hace ocho meses 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 venta de comida; da a conocer que este negocio lo aprendió hace varios años de un trabajo anterior, posteriormente decide emprender su propio espacio de comercialización.

El crédito que ahora sacará es para el aumento de capital (compra de verduras por mayor) que adquirirá de las vendedoras mayoristas de la Ciudad de El Alto 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, ya que ella es soltera y vive con sus padres.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la atención del personal 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
  • 165
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $5,325 loan helped a member to buy vegetables wholesale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014