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Primas De Huayna Potosi Group
In this Group: Irene , Ines , Maria Cristina , Betania , Viviana , Teodora, Epifania , Javier Edgar
The Communal Bank “Primas de Huayna Potosi” 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. Irene serves as the president. The members of this Communal Bank engage in various businesses such as buying and selling livestock, selling straw mattresses, selling baskets, selling coca leaves and alcohol, selling sheep, and producing handmade baskets.

This loan will benefit small entrepreneurs such as Sra. Irene. She says that this is her third year since joining Pro Mujer after she received an invitation from an advisor with the organization who visited her at her house. Irene currently has a handicraft business. She is knowledgeable about this line of work because she learned the trade from her mother, who also has the same type of business. With a small amount of capital, Irene started her business several years ago and continues to manage it to this day.

The loan she is receiving now will be used to increase her capital for buying wool in bulk. She acquires her supplies from the distribution stores in the city of El Alto and then uses them to make the products that she sells from her retail space. Working in this manner allows her to generate income for sustaining her family. Irene is married and has four children.

When asked what she likes about Pro Mujer, Irene said that she enjoys the health seminars that are offered by the organization.
View original language description ↓
La A.C. “PRIMAS DE HUAYNA POTOSI” 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 Irene es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: compra y venta de ganado, venta de colchones de paja, venta de canastas, venta de coca y alcohol, venta de ovejas, artesanas de canastas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Irene es integrante, ella indica que es el tercer año que integra Pro Mujer, ingresando por la invitación de un asesor de la institución que fue a visitarla a su casa. En la actualidad ella tiene un negocio de artesanías; da a conocer que este negocio fue un negocio lo aprendió de su madre, ya que en la actualidad tiene el mismo negocio, con poco capital inicio hace varios años y en la actualidad sigue trabajando en el mismo.

El crédito que ahora sacará es para el aumento de capital (compra de lana por mayor) que adquirirá en las tiendas distribuidoras de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación en 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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Primas De Huayna Potosi Group's $5,100 loan helped a member to buy wool in bulk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 22, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015