Check out other loans that are currently fundraising!
Juan Xxi Group
In this Group: Yola , Elisa Primitiva, Lidia, Simona , Martha , Silveria, Marcos , Rosa
The “JUAN XXI” communal bank is starting their eight cycle in Pro Mujer as part of the Los Andes regional office. It is composed of eight members led by a board of directors with Yola as the president. The members of the group have a variety of businesses amongst them: the sale of potatoes and cheese, a beauty salon, macrame blankets, sale of meals, sewing jackets, making mattresses, embroidery of blankets and selling vegetables.

The loan will help all of these micro-entrepreneurs including Yola. She states that she joined pro Mujer eight cycles ago on the invitation of a friend who is a member of the institution

Yola has a business of weaving and selling blankets. She tells us that she learned about this business watching a friend who negotiated this same product. Later with a loan from Pro Mujer she was able to expand her business.

The loan she is requesting now is to increase her capital, buying wool and fabric which she will buy in the markets of the city of El Alto. She will make them and then sell them in the markets on the Bolivia- Peru border. This work allows her to generate the resources she needs to maintain her family. She lives in a common-law relationship. Asked what she liked about Pro Mujer, she replied that she enjoyed the loans, health and training that the institution offers.
View original language description ↓
La A.C. “JUAN XXI” iniciará el octavo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Yola es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de papa y queso, salón de peinado, macramé de mantas, venta de comida, costura de chamarras, fábrica de colchones, bordado de mantas, venta de verduras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Yola es integrante, ella indica que hace ocho ciclos que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tejido y venta de mantas; da a conocer que este negocio lo emprendió al observar a una amiga que negociaba con el mismo producto, posteriormente con un préstamo obtenido en Pro Mujer amplio su negocio.

El crédito que ahora sacará es para el aumento de capital (compra de lana y telas) que adquirirá de las ferias de la ciudad de La Paz y posteriormente a la elaboración lo comercializará en las ferias de la frontera Bolivia - Perú. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que ella vive en concubinato.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de crédito, salud y capacitación 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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,665,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Juan Xxi Group's $4,225 loan helped a member to buy wool and fabric.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 18, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014