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Emprendedoras Group
In this Group: Modesta, Ivan Felipe , Lizeth Karen, Maritza , Eliana, Tomasa , Marina, Tania
The communal bank, "Emprendedoras" is entering its first cycle in Pro Mujer, as part of its Los Andes regional office. The group is made up of eight members, and it is led by a board of directors of which Modesta is the president. The members of the group are involved in a variety of businesses including: selling socks, selling athletic clothing, weaving rugs, and selling food.

The loan that they are seeking will be used to help the small businesses of which Modesta is a member. She states that she joined Pro Mujer one year ago after receiving an invitation from a sponsor of the institution who visited her at her home. Currently, she has a business selling socks. She states that she learned this trade a few years ago from a friend who also sold socks. With time, she decided to become independent and start her own business.

The loan that she will receive will be used to increase her capital (purchasing socks in bulk), that she will acquire from wholesale stores in the city of El Alto, and later sell in her store. This form of work allows her to generate an income to support her family. She lives in a common-law marriage, and has two children. When asked what she likes about Pro Mujer, she says that she enjoys the health care offered by the institution.
View original language description ↓
La A.C. “EMPRENDEDORAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Modesta es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de calcetines, venta de deportivos, tejido de alfombras, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Modesta 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 calcetines; da a conocer que este negocio lo aprendió hace varios años de una amiga que comercializaba el mismo producto, con el pasar del tiempo decide independizarse y tener su negocio propio.

El crédito que ahora sacará es para el aumento de capital (compra de calcetines por mayor) que adquirirá de las tiendas mayoristas 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 unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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.

About Bolivia

  • $2,817
    Average annual income
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedoras Group's $3,025 loan helped a member purchase socks in bulk.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Apr 16, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014