Check out some available loans that are similar to this one!
Comadres Group
In this Group: Mary Isabel, Raul Carlos, Victoria, Milenca, Francisca Susana, Esperanza, Victoria, Esther Abigail
The Communal Bank “Comadres” (Godmothers) is starting its third loan cycle with Pro Mujer as part of the Panamericana Community Center. This group consists of eight members and is led by a Board of Directors in which Sra. Mary is the president. The members of the Communal Bank engage in different businesses such as selling fertilizers, selling CDs and DVDs, selling meat, selling “salchipapas” (sausage and potatoes), managing a grocery store, and selling stockings.

This loan will benefit small entrepreneurs such as Sra. Mary. She says that she joined Pro Mujer seven years ago after receiving an invitation from a relative who was also a member of the organization. Mary currently has a business in which she sells meat. She became knowledgeable about this type of work when she was a girl since it was a family business. At the age of 16, she decided to establish her own independent business.

The loan she is receiving now will be used to increase her capital for buying meat in bulk. She will acquire her products from the distributors in the city of El Alto and then sell them from her retail space. Working in this manner enables her to generate income in order to support her family. Mary is in a common-law relationship and has one child.

When asked what she likes about Pro Mujer, Mary said that she enjoys the savings and the excellent health services that are offered by the organization.
View original language description ↓
La A.C. “COMADRES” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Mary es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de fertilizantes, venta de CD’s y DVD’s, venta de carne, venta de salchipapas, tienda de abarrotes, venta de medias.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Mary es integrante, ella indica que es el siete años que integra Pro Mujer, ingresando por invitación de un familiar que era socia de la institución. En la actualidad ella tiene un negocio de venta de carne; da a conocer que este negocio lo emprendió desde niña, ya que el mismo era un negocio familiar, a sus diez y seis años decide emprender un negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de carne por mayor) que adquirirá de las distribuidoras 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 vive en concubinato y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y la buena atención en 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Comadres Group's $4,650 loan helped a member to buy meat in bulk.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014