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Caramelo Group
In this Group: Julia, Teresa, Romelia, Remedios, Valerio, Sinforiana , Marina, Rosmery , Jhoselyn Jhovana
The Caramelo Community Bank is beginning its first loan cycle with Pro Mujer as part of the Villa Exaltación group. There are nine members and a board of directors; Sra. Julia is the president. The members run the following businesses: weaving blankets, transportation, security, selling clothing, neighbourhood store, food selling, selling potatoes, selling fruit.

The loan the group is seeking will benefit small business owners like Julia. She joined Pro Mujer four loan cycles ago at the invitation of a representative of the institution who came to her house. Now she has a weaving business and sells blankets. She learned the work from her aunt as she helped her with her business. As time passed she decided to start a business of her own.

The loan she is now seeking is to buy wool from the wholesale dealers in the town of El Alto, and then after making the blankets she will sell them on her own stall. The money she earns will allow her to better maintain her house. She is single and has three children. When Julia is asked what she most likes about Pro Mujer, she replies that it is the training about loans.
View original language description ↓
La A.C. “CARAMELO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por nueve 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: tejido de mantas, servicio de transporte, servicio de seguridad, venta de ropa, tienda de barrio, venta de comida, venta de papa, venta de fruta.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que hace cuatro ciclos que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido y venta de mantas; da a conocer que este negocio lo aprendió hace varios años de su tía, ya que ayudaba en su negocio, con el pasar del tiempo decide implementar un espacio de trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de lana) 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 tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito 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
  • 99
    View loans »
    Bolivia Loans Fundraising
  • $29,505,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Caramelo Group's $3,300 loan helped a member buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014