Check out some available loans that are similar to this one!
Linda Flor Group
In this Group: Francisca, Maritza, Remedios Victoria , Ovidio Carlos *, Paula Celia, Frida Petrona , Claribel, Vicenta Irene
* not pictured
The "6 de agosto" communal bank is starting its tenth loan cycle with "Pro Mujer" through the Villa Exaltación regional office. The group has eight members and is run by a board of directors which has Frida as its secretary. The members of the communal bank have different businesses, including: selling clothes, miniature handicraft products, selling sweets, make-up, bread, making sports goods, making games, and selling electrical appliances.

This loan will benefit the small businesses in Frida's group. Frida herself tells us that she joined "Pro Mujer" five years ago, following an invitation from a friend who was already a member. Frida currently has a business selling sausages and chips. She tells us that she started this business with the little capital that she had, and following a recommendation from her sister who does the same work.

This loan will be used to increase capital by buying potatoes in bulk. Frida will buy the potatoes in the markets of El Alto city, to later sell at her stall. This work allows Frida to earn a living to support her family. Frida is single and has one son.

When asked what it is that she likes about "Pro Mujer", Frida says that she likes the health education and the savings offered by the organisation.

One member of the group is missing from the photo. For personal reasons she did not want to appear in the image but is represented by her mother (who is seen standing).
View original language description ↓
La A.C. “6 DE AGOSTO” iniciará el décimo ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Frida es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ropa, artesanía en miniaturas, venta de dulces, venta de cosméticos, venta de pan, confección de deportivos, juegos recreativos, venta de electrodomésticos

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Frida es integrante, ella indica que hace cinco 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 salchipapas; da a conocer que este negocio lo inicio con un poco capital que tenía y por recomendación de su hermana quien tiene el mismo negocio.

El crédito que ahora sacará es para el aumento de capital (compra de papa 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 soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud y los ahorros que le ofrece la institución.

En la imagen falta un integrante del grupo, mismo que por razones personales no deseo salir en la imagen, sin embargo su madre lo represneto ella esta de pie.

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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Linda Flor Group's $5,200 loan helped a member to buy potatoes in bulk.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014