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Flor De Estrellas Group
In this Group: Julia Juana, Hortencia, Martha, Jhenny, Victoria, Amanda Silvia, Mario Luis, Graciela
The “FLOR DE ESTRELLAS” communal bank is starting its fifth loan cycle with Pro Mujer, as part of the Villa Adela centre. It is made up of eight members and is run by a board of directors of which Julia is the President. The businesses which the members of the communal association run are varied and among them are: macrame crafts, selling sweets, selling fruit juices and milk shakes, local shop, guesthouse and construction services.

The loan they will take out will benefit small businesswomen of which Julia is a member. She says this is the second year she has been a member of Pro Mujer, after being invited by a friend who is a member of the institution. Currently she has a business making sportswear. She says that she started this business when she was a girl, because her father had a workshop where the whole family worked. Over a period of time she decided to set up in business independently.

The loan she is taking out is to increase capital to buy fabric wholesale, which she will buy in the wholesale stores. She will use this to make up items to sell which customers have ordered. This type of work enables her to generate an income to support her family, since she is married and has eight children.

When asked what she likes about Pro Mujer, she says she likes the health training and the savings which the institution offers.
View original language description ↓
La A.C. “FLOR DE ESTRELLAS” iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Villa Adela, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Julia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de macramé, venta de golosinas, venta de jugos y batidos, tienda de barrio, pensión, servicio de construcción.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Julia es integrante, ella indica que es el segundo año 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 costura de deportivos; da a conocer que este negocio lo inicio desde niña, pues su padre tenía un taller en el cual toda la familia trabajaba, con el pasar del tiempo ella decide tener un negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de tela por mayor) que adquirirá de las tiendas mayoristas y posteriormente a la elaboración lo comercializará a pedido del cliente. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es casada y tiene ocho hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de capacitación en salud y los ahorros 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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Estrellas Group's $3,350 loan helped a member to buy fabric wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 26, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014