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Espiritu Santo Group
In this Group: Lucia Priscila, Lidia, Valeria, Maritza Maribel , Rufina , Juan Carlos, Martha , Francisca
The Espiritu Santo communal bank is entering its eigth cycle in Pro Mujer as part of the regional hub of Los Andes. It is made up of eight members and is led by a board of directors of which Lucia is the president. The members are involved in the following businesses: selling potatoes, selling sweaters, blanket-weaving, selling juices, selling toys and selling fruit.

The loan they are taking will benefit small businesses in which Lucia is a member. She states that she joined Pro Mujer four years ago after having been invited by a sponsor who visited her at her home. Currently, she has a business selling quinoa. She started this business based on a suggestion from her in-laws. After she got matted, she decided to open her own business. It is nowhere source of income.

The loan she is seeking will be used to purchase seeds which she will purchase in La Paz, and later sell the harvest in her store. This line of work allows her to earn an income to support her family since she is married and has one son. When asked what she liked about Pro Mujer, she said she enjoyed the health care offered by the institution.
View original language description ↓
La A.C. “ESPIRITU SANTO” 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 Lucia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de papa, venta de busos, tejido de mantas, venta de jugos, venta de juguetes, venta de fruta.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lucia es integrante, ella indica que hace cuatro años que integra Pro Mujer, ingresando por la invitación de una promotora que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de quinua; da a conocer que este negocio lo emprendió por recomendación de sus suegros, después de haberse casado decide emprender un negocio independiente, actualmente es su fuente de generación de economía.

El crédito que ahora sacará es para el aumento de capital (compra de semillas) que adquirirá de las comunidades del departamento de La Paz y posteriormente al cultivo lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella está casada y un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud 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.

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About Bolivia

  • $2,817
    Average annual income
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Espiritu Santo Group's $1,700 loan helped a member purchase seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2013
Listed
Jan 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014