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Amachuma Group
In this Group: Elena , Simona , Frumencio, Eleuteria, Felipa Maria, Gloria Celestina , Blanca , Marlin Martha
The “Amachuma” communal bank will begin its second cycle with Pro Mujer as part of the Patacamaya regional center. It is comprised of eight members and led by a board of directors. Elena is the president. The members’ businesses are varied and include sewing traditional skirts (clothing worn by Bolivian women), potato production, transportation service, milk sales, and raising livestock.

The loan that they will take out will benefit small businesswomen where Elena is a member. She states that this is her first cycle being a part to Pro Mujer. She joined by invitation from one of the institution’s representatives who visited her at her house.

She currently has a business of making and selling ‘polleras’ [the traditional skirts]. She says that she undertook this business on her own initiative several years ago. She did this because she knew how to sew, and she observed that this business is very profitable in the market.

The loan is to increase capital (to buy fabric wholesale). She will get the fabric in the city of La Paz. After making the skirts she will sell them at her sales space. This way of working allows her to generate income to support her family. She is married and has three children.

When asked what she likes about Pro Mujer, she responded that she likes that her colleagues in the group are dependable.
View original language description ↓
La A.C. “AMACHUMA” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Patacamaya, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Elena es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de polleras (vestimenta de mujer boliviana), producción de papa, servicio de transporte, venta de leche, crianza de ganado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elena es integrante, ella indica que es el primer ciclo que integra Pro Mujer, ingresando por la invitación de un promotor de la institución que fue a visitarla a su casa. En la actualidad ella tiene un negocio de elaboración y venta de polleras; da a conocer que este negocio lo emprendió por iniciativa propia hace varios años ya que ella conocía la técnica de costura y al observar el mercado que este comercio es muy rentable.

El crédito que ahora sacará es para el aumento de capital (compra de tela por mayor) que adquirirá en la ciudad de La Paz 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 tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las compañeras de su grupo son cumplidas.

En la imagen se observa que una de las socias no se encuentra en la imagen, ella fue presurosamente a su negocio.

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

  • $5,500
    Average annual income
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amachuma Group's $3,200 loan helped a member to buy fabric wholesale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015