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Esmeralda Group
In this Group: Victoria, Bethe Lourdes, Juana, Sabina, Roxana, Esperanza Jacinta , Ximena, Orlando
The communal bank "Esmeralda" will begin its first loan cycle with Pro Mujer (Pro Woman). Located in the city center of Achacachi, the group is made up of 8 people and directed by a board of which Victoria is the President. The businesses pursued by the women in the communal bank are varied, including fishing, selling beer, and selling clothing.

The loan requested will be used to benefit micro-business owners in the group of which Victoria forms a part. She notes that this is the first time she has been part of a communal bank. She joined based on the invitation of a counselor from the bank who visited her in her home. Currently she has a small fishing business. She let us know that this was a family business and that when she began living with her partner they decided to work together in this same business.

She will use the loan to increase capital (to purchase nets for fishing) which she will buy from salespeople in the city of El Alto and later install in her fishing locations. This form of work allows her to generate income in order to support her family, since she lives with her partner and has three children.

When asked what she likes about Pro Mujer, she says that she likes the loans offered by the institution.
View original language description ↓
La A.C. “ESMERALDA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Achacachi, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Victoria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: pesca, venta de cerveza, venta de ropa.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Victoria es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de un asesor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de pesca; da a conocer que este negocio fue un negocio familiar y que al empezar a convivir con su pareja deciden seguir realizando el mismo negocio.

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

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

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About Bolivia

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esmeralda Group's $2,250 loan helped a member to purchase nets for fishing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2014
Listed
Apr 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015