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Kantutas De Los Andes Group
In this Group: Francisca Claudia, Marcelina , Elsa Claudina, Teresa Hortencia, Nora Hortencia , Elena Lidia, Wilma, Delia Veronica
The group Kantuta De Los Andes, which will begin its twenty-second cycle at Pro Mujer as part of Centro Focal de Los Andes, is composed of eight members, and is headed by Board President Mrs. Francisca. Various businesses are members of the community association, including neighborhood stores selling traditional rites services, natural medicine, blanket weaving, and preserved food.

The loan will benefit microentrepreneurs where Mrs. Francisca is a member. She has been with Pro Mujer for seventeen years following an invitation from a family member who is part of the institution. Today she has a business selling food, something she began six years ago after observing her aunt's business.

The loan will be to increase capital through the purchase of wholesale rice, pasta, and potato from the El Alto city markets and afterwards sell in her retail space. This way of working allows her to generate resources to support her family, as she is married and has five children.

When asked what she likes about Pro Mujer, she responds that she likes the healthcare offered by the institution.
View original language description ↓
La A.C. “KANTUTA DE LOS ANDES” iniciará el vigésimo segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Francisca es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, servicio de ritos tradicionales, venta de medicina natural, tejido de mantas, venta de conservas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Francisca es integrante, ella indica que hace diez y siete años que integra Pro Mujer, ingresando por la invitación de una familiar que es socia de la institución. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo inicio anteriormente hace seis años, al observar el negocio que tenía su tía, decide ingresar a la venta del mismo.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, fideo y papa por mayor) que adquirirá de los mercados de la Ciudad de El Alto y posteriormente a la elaboración 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 cinco 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.

About Bolivia

  • $5,500
    Average annual income
  • 200
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutas De Los Andes Group's $3,125 loan helped a member to buy wholesale rice, noodles and potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
May 31, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014