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Progreso De Chilaya Group
In this Group: Susi, Alicia , Mary, Emelio Lucio , Roxana, Mery, Ofelia, Amalia
The "Progreso de Chilaya" communal bank is beginning its first loan cycle with "Pro Mujer", through the Copacabana communal bank. This bank has eight members and is run by a board of directors which has Susi as its president. The members have different businesses including: selling fish, cheese, meals, and a dressmaking workshop.

This loan will benefit the small businesses run by the members in Susi's group. Susi herself tells us that she joined "Pro Mujer" a year ago following an invitation from one of the organisation's representatives who went to visit her in her home. Susi currently has a business selling meals, which she tells us she started on the recommendation of her relatives who work in the same sector.

This loan will be used to increase capital by buying fishing nets at the El Alto city markets. The nets will then be used for fishing. This work allows Susi to earn a living to support her family: Susi lives with her partner and has two children.

When asked what she likes about "Pro Mujer", she tells us that she likes the training and the loans offered by the organisation.
View original language description ↓
La A.C. “PROGRESO DE CHILAYA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Susi es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de pescado, venta de queso, venta de comida y taller de costura.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Susi es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por la invitación de un promotor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo emprendió por recomendación de sus familiares, quienes realizaban el mismo negocio.

El crédito que ahora sacará es para el aumento de capital (compra de redes de pesca) que adquirirá de las ferias de la ciudad de El Alto y posteriormente lo instalará en su espacio de pesca. Esta forma de trabajo le permite generar recursos para apoyar a su familia, ya que ella vive en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le guata la capacitación y el crédito que 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.

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Progreso De Chilaya Group's $3,475 loan helped a member to buy fishing nets.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 16, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015