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Armonia Group
In this Group: Margarita, Justina, Julia, Ddenisse , Nemesia Natividad, Ana Patricia, Emiliana, Severina, Maribel, Juana
The community association "PORVENIR" or "The Future" will begin its eighth cycle in Pro Mujer or Pro Woman, as part of the Centro Focal de Alto Lima or the Central Focus of Higher Lima. It is made up of ten members and is headed by a board of directors where Margarita is President. The businesses that the members of the community association carry out are varied. Among them are: selling food, selling roasted beans, sewing pillows, knitting legwarmers, selling fruit, and selling gelatin and drinks.

The loans that they take out will benefit small microentrepreneurs where Magarita is a member. She says that she joined Pro Mujer three years ago, joining by invitation of a friend that is a member of the institution. Today she has a business selling cheese. She says that she began this business by observing that this one of the best selling products in the market. It is for that reason that will a little capital she decided to start this business.

The loan that she will now take out is to increase capital (purchase of cheese) that she will acquire in the markets of the department of La Paz and subsequently she sill sell in in a retail space. This form of work allows her to generate resources to maintain her family as she is married with three children.

When asked what she like about Pro Mujer, she responds that she likes the area of health that the institution offers.
View original language description ↓
La A.C. “PORVENIR” iniciará el octavo ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Margarita es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de tostado de haba, costura de almohadas, tejido de polainas, venta de frutas, venta de gelatinas y frescos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Margarita es integrante, ella indica que hace tres años 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 venta de queso; da a conocer que este negocio lo emprendió por al observar que este producto es uno de los más vendidos en el mercado, es por ello que con un poco capital decide comercializar este negocio.

El crédito que ahora sacará es para el aumento de capital (compra de queso) que adquirirá de las ferias del departamento de La Paz y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es casada y tres hijos.

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.

About Bolivia

  • $2,817
    Average annual income
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Armonia Group's $4,200 loan helped a member to purchase cheese.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014