Check out some available loans that are similar to this one!
Amazonas Ii Group
In this Group: Efrena, Giovana Emilia, Aurelia, Lidia , Josefa, Calixto Fortunato , Ssucy Bertha , Victoria , Lady Nora
The communal bank, “Amazonas II” will begin its nineteenth cycle in Pro Mujer, as part of the German Busch regional office. It is composed of nine members and guided by a board of directors, of which Señora Efrena is the president. The members have various businesses such as baby clothing, a tailor shop, vegetable sales, a taxi service, a butcher shop, a quilt shop, a poultry store, and tool sales.

The loan that they will receive will benefit the small micro-entrepreneurs where Señora Efrena is a member. She says that she has been a member of Pro Mujer for nine years, joining at the invitation of a friend who is a member of the institution.

She has a business selling clothing, and she says that this was a family business that she decided to carry out independently when she got married. The loan that she is receiving is to increase her capital for the purchase of wholesale clothing, which she will acquire in the markets of the city of El Alto and later sell in her sales space. This work allows her to generate income to support her family, as she is married with three children.

When she was asked what she likes about Pro Mujer, she responded that she likes the work that they do in her group that the institution offers her.
View original language description ↓
La A.C. “AMAZONAS II” iniciará el décimo noveno ciclo en Pro Mujer, como parte del Centro Focal de German Busch, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Efrena es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: ropa de bebe, taller de satrería, venta de verduras, servicio de taxi, tienda de carne, taller de edredones, pollerería, venta de herramientas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Efrena es integrante, ella indica que hace nueve 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 ropa; da a conocer que este negocio fue un negocio familiar y que ella al casarse decide implementar su negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de ropa por mayor) que adquirirá en las ferias de la ciudad de El Alto 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 tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el trabajo que realizan en su grupo 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,538,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amazonas Ii Group's $3,725 loan helped a member to purchase clothing wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014