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1 De Mayo Group
In this Group: Lidia, Martha , Gabriela, Sonilda, Lima Rosa, Freddy, Patricia Ericka , Miriam
The 1 DE MAYO” communal association is beginning its fourth cycle with Pro Mujer, as part of the Panamericana center. It’s made up of eight members and directed by a board of directors, where Lidia serves as president. The members have businesses such as food sales, beauty salon, construction, sweater knitting and sales, cosmetic sales, and brick and stucco sales.

This loan will benefit their small businesses, including Lidia’s who has been with Pro Mujer for three cycles. She joined on the invitation of a friend who is also a member. She has a food business and says that she learned the business from her sister and it’s a family business. She went out on her own seven years ago so she could generate her own income.

This loan is to increase capital (buy cerials in quantity) that she will get in the El Alto fairs and resell from her space. This allows her to generate income to support her household since she is single and has four children.

When asked what she likes about ProMujer, she says that she likes the savings, the loans, and the healthcare.
View original language description ↓
La A.C. “1 DE MAYO” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Lidia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida variada, salón de belleza, servicio de construcción, tejido de chompas y muestras, venta de cosméticos, tienda de ladrillos y estucos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lidia es integrante, ella indica que hace tres ciclos 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 mediante su hermana, ya que el mismo es un negocio familiar, hace siete años decide independizarse para generar recursos independientemente.

El crédito que ahora sacará es para el aumento de capital (compra de cereales por mayor) que adquirirá de las ferias 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 cuatro hijos.

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

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About Bolivia

  • $2,817
    Average annual income
  • 103
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 1 De Mayo Group's $3,125 loan helped a member to buy cerials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2013
Listed
Jan 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014