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4 Arenitas Group
In this Group: Hilda , Dionicio, Marta , Cinthia Yhanira, Mauricia , Elvia Marleny, Litzen, Angelica
The communal bank 4 Arenitas is starting its second cycle with Pro Mujer, within the regional hub of Villa Exaltación. It comprises eight members and is managed by a board of directors where Marta is acting Secretary. The businesses run by the members of this communal bank are varied. They include fruit sales, a sewing shop, a paint shop, baby clothing sales, and making skirts and sweaters.

The loan they are requesting will benefit small microentrepreneurs like Marta. She states that she has belonged to Pro Mujer for one year and joined through a friend who was already a member and invited her. She currently works as a healer, selling natural medicines. She says this was a family business, which is why she decided to keep it going so that it could become her source of income.

She is requesting this loan to increase capital by acquiring a stand in the town market of El Alto. She will then set up her business there. This work allows her to generate resources in order to support her family, since she is in a common-law marriage and has two children.

When asked what she likes about Pro Mujer, she says she enjoys the meetings they offer.
View original language description ↓
La A.C. “4 ARENITAS” iniciará el segundo 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 Martha es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de frutas, taller de costura, taller de pintura, venta de ropa de bebe, costura de faldas y busos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Martha es integrante, ella indica que hace un año 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 curandera de medicina natural; da a conocer que este negocio fue un negocio familiar es por ello que decide continuarlo y que sea su fuente de generación económica.

El crédito que ahora sacará es para el aumento de capital (compra de puesto de venta) que adquirirá en una feria de la ciudad de El Alto y posteriormente se instalará para su comercio. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella vive en unión libre y tiene dos hijos.

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

  • $5,500
    Average annual income
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 4 Arenitas Group's $4,025 loan helped a member compra de puesto de venta.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2014
Listed
May 28, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014