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Suma Sartasiñani Group
In this Group: Ana Luisa , Ana Rosario , William , Virginia , Miriam Deysi, Raimunda, Bernarda , Karina Gabriela, Elisa Natividad
The communal bank Suma Sartasiñani is starting its fifth cycle with Pro Mujer, within the regional hub of Los Andes. It comprises nine members and is managed by a board of directors where Ana is acting President. The businesses run by the members of this communal bank are varied. They include cosmetics sales, weaving of sweaters and blankets, a grocery store, sewing jackets, a book store, and selling pots.

The loan they are requesting will benefit small microentrepreneurs like Ana. She states she has belonged to Pro Mujer for nine years and joined through a friend who was already a member and invited her. She currently has a business selling aluminum clothing. She states she started this business when she got married, since her husband sold these products. With capital from Pro Mujer, she decided to implement her business independently.

She will use the loan she is now requesting to increase capital by purchasing aluminum clothing from the markets on the Peruvian border with Bolivia. She will later sell it at her business space. This work allows her to generate resources in order to support her family, since she is married and has three children.

When asked what she likes about Pro Mujer, she says she likes the health trainings they offer.
View original language description ↓
La A.C. “SUMA SARTASIÑANI” iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Ana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de cosméticos, tejido de busos, macramé de mantas, tienda de abarrotes, costura de chamarras, librería, venta de ollas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ana es integrante, ella indica que hace nueve 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 de aluminio; da a conocer que este negocio lo inicio cuando se casó, ya que su esposo comercializaba estos productos, con un capital obtenido en Pro Mujer decide implementar su negocio independientemente.

El crédito que ahora sacará es para el aumento de capital (compra de ropa de aluminio por mayor) que adquirirá de los mercados fronterizos de Bolivia - Perú y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar 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 el área de salud 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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Suma Sartasiñani Group's $4,450 loan helped a member to buy aluminum clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2014
Listed
May 28, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014