Check out some available loans that are similar to this one!
Paz En La Tormenta Group
In this Group: Silvia Sandra, Veronica , Lucila, Francisca, Martha, Jhiovana, Maria Elena, Andrea , Sofia Eva, Mery Wendy, Ximena Silvia
The "Paz en la Tormenta" [Peace in the Torment] village bank will start its ninth cycle with Pro Mujer, as part of the Pan-American central focus. It is made up of eleven members and is directed by a board where Silvia is the president. The businesses that the members of the village bank carry out are varied. Among them, there are: sale of barley products, sewing of quilts, selling of food, neighborhood store, knitting of sweaters, sale of clothing, knitting of sportswear, sewing of jackets, sale of jewelry.

The loan that they will take out will benefit small microenterprises where Silvia is a member. She says that this is the second cycle that integrates Pro Mujer. She entered by the invitation of an aunt who is a member of the institution. Currently, she has a business selling food. It's worth mentioning that she learned this business observing the ways of business of other people. Previously, with a little capital, she decided to implement it.

The loan that she will take out now is for increasing capital (to buy rice, potatoes, onions and carrots). She will acquire them in the distribution stores in the city of El Alto and later will make and sell in her sale space. This form of work allows her to generate resources to maintain her family since she lives with her partner and has three children. When asked what she likes about Pro Mujer, she responds that the likes the loan and health training that the institution offers her.
View original language description ↓
La A.C. “PAZ EN LA TORMENTA” iniciará el noveno ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Silvia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de pito de cebada, costura de edredones, venta de comida, tienda de barrio, tejido de chompas, venta de ropa, tejido de busos, costura de chamarras, venta de joyas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Silvia es integrante, ella indica que es el segundo ciclo que integra Pro Mujer, ingresando por la invitación de una tía que es socia de la institución. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo emprendió al observar la forma de comercio de otras persona, posteriormente con un poco capital decide implementarlo.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, papa, cebolla y zanahorias) que adquirirá en las tiendas distribuidoras 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 a su familia ya que ella vive en concubinato y tiene tres hijos.

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

Tags

About Bolivia

  • $5,500
    Average annual income
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,844,600
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Paz En La Tormenta Group's $4,600 loan helped a member to buy rice, potatoes, onions and carrots.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014