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Picaflor Group
In this Group: Virginia, Mariana Yocelin, Flora, Virginia, Delia, Eusebia , Paulina , Panfilo
The “PICAFLOR” communal bank is starting their first cycle with Pro Mujer as part of the Patacamaya branch office. It is made up of 8 members lead by a board of directors with Virginia as the President. The businesses of the members are varied, amongst them are: a neighborhood store, clothing sales, the sale of charque (salty meat jerky) and the sale of broasted chicken.

The loan will benefit all these entrepreneurs including Virginia. She says that this is her first cycle with Pro Mujer and she joined on the invitation of a promoter of the institution who visited her at her home. She has a business selling broasted chickens. She learned the business on her own initiative watching the parade of buses and constant train of passerbys who needed food. The loan she is requesting is to increase her capital (buying potatoes and chicken wholesale) which she will acquire in the city of La Paz and then sell in her commercial space. This form of working allows her to generate resources to support her family as she is in a common-law relationship and has 4 children. When asked what she liked about Pro Mujer she liked that her fellow members are very talented.
View original language description ↓
La A.C. “PICAFLOR” iniciará el primer 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 Virginia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, venta de ropa, venta de charque, venta de pollo broster.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Virginia 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 venta de pollos a la broster; da a conocer que este negocio lo emprendió por iniciativa propia al observar que por su domicilio es una parada de buses y los transeúntes constantemente requieren alimento.

El crédito que ahora sacará es para el aumento de capital (compra de papa y pollos 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 vive en unión libre y tiene cuatro hijos.

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

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Picaflor Group's $3,475 loan helped a member to buy potatoes and chicken wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014