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Flor Naciente Group
In this Group: Jiovanna Karla , Wara Mercedes , Beatriz , Jose Luis , Maria Isabel, Juana, Maria Elena, Maria Victoria
The “FLOR NACIENTE” communal bank will begin its seventh cycle in Pro Mujer as a part of the Villa Exaltación center. It is made up of eight members and is led by a board of directors, of which Wara is the Secretary. The businesses that the members of the communal bank have are varied. Among them are selling clothes, artisanal miniatures, selling candies, selling cosmetics, selling bread, making sports clothing, games, and selling appliances.

The loan they will take out will benefit small business women, including Wara. She says that she has been a member of Pro Mujer for two years. She joined at the invitation of a friend who is a member of the institution. Right now, she has a business selling clothing. She tells us that she started this business several years ago when she saw what a good business it was. At that time, she decided to do the same at the markets in the city of El Alto, despite not having a permanent spot.

The loan she will take out now is to increase her capital by buying clothing wholesale. She will acquire it from wholesalers in the city of El Alto. Later, she will sell it as a street vendor in the markets. This type of work allows her to generate income to support her family, because she is married and has one child.

When asked what she likes about Pro Mujer, she says that she likes the health services that they offer in the institution.
View original language description ↓
La A.C. “FLOR NACIENTE” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Wara es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ropa, artesanía en miniaturas, venta de dulces, venta de cosméticos, venta de pan, confección de deportivos, juegos recreativos, venta de electrodomésticos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Wara es integrante, ella indica que hace dos años 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 venta de ropa; nos cuenta que este negocio lo inicio hace varios años al observar el buen comercio que tiene, desde entonces decide comercializar el mismo en las ferias de la Ciudad de El Alto pese a no contar con un puesto fijo.

El crédito que ahora sacará es para el aumento de capital (compra de ropa por mayor) que adquirirá en las vendedoras mayoristas de la ciudad de El Alto y posteriormente lo comercializará de forma ambulante en las ferias. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es casada y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el servicio de salud que le ofrecen en 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

  • $2,817
    Average annual income
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Naciente Group's $3,925 loan helped a member to buy clothing wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2014
Listed
Apr 22, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014