Check out some available loans that are similar to this one!
Agua Marina Group
In this Group: Veronica, Ruth Esthela , Pamela Rosario, Nancy, Maxima Gladys , Maria, Fabiola, Juana , Ernesto
The Agua Marina community bank will start their fourteenth cycle with Pro Mujer as part of the Collpani regional center. The group is made up of nine members and headed by an executive board, with Veronica as the President. The businesses that the group members have are varied and include: braiding blankets, mirror sales, grocery stores, hardware stores, and vegetable sales.

The loan they are receiving will benefit small businesswomen like Veronica. She has been a member of Pro Mujer for three years. She was invited to join by her mother, who is also a member. Currently she has a business selling mirrors and hardware. She learned this business for many years from her father, and it later became a family business.

She is requesting this loan to increase her capital and purchase construction materials and metals, which she will buy from Bolivian importers and later sell in her store. This type of work allows her to generate income to support her household, since she is single and has two children.

When asked what she likes best about Pro Mujer, she responded that she likes the health trainings and the loans.
View original language description ↓
La A.C. “AGUA MARINA” iniciará el décimo cuarto ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Verónica es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trenzado de mantas, venta de espejo, tienda de abarrotes, ferretería, venta de verduras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Verónica es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de su madre que es socia de la institución. En la actualidad ella tiene un negocio de venta de espejos y ferretería; da a conocer que este negocio lo aprendió hace varios años de su padre y posteriormente lo convirtió en un negocio familiar.

El crédito que ahora sacará es para el aumento de capital (compra de material de construcción y fierros) que adquirirá de las importadoras Bolivianas y posteriormente 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 dos hijos.

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

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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 205
    View loans »
    Bolivia Loans Fundraising
  • $31,395,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Agua Marina Group's $5,550 loan helped a member to purchase construction materials and metals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014