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Voz Del Rio Group
In this Group: Ninfa, Primitiva Emma, Albaro Waldemar , Gregoria , Antonia , Pedro, Marina, Clorilde
The Communal Bank “Voz del Rio” (Voice of the River) is starting its first loan cycle with Pro Mujer as part of the Patacamaya Community Center. This group consists of eight members and is led by a Board of Directors in which Sra. Ninfa is the president. The members of this Communal Bank engage in different businesses such as selling fruit, producing fruit, sewing traditional skirts, and managing a neighborhood store.

This loan will benefit small entrepreneurs such as Sra. Ninfa. She says that this is the first time she has joined Pro Mujer after receiving an invitation from a promoter from the organization who came to her house to visit her. Ninfa currently has a business of producing fruit. She became knowledgeable about this type of work after she started the business on her own. As a young girl she helped her family, which is why she knows about the business.

The loan she is receiving now will be used to increase her capital for buying seeds in bulk. She acquires her supplies from the wholesale vendors in the city of El Alto and then cultivates her land so that she can sell her products. Working in this manner enables her to generate income to support her family. Ninfa is married and has four children.

When asked what she likes about Pro Mujer, Ninfa said that she enjoys the training seminars offered by the organization.
View original language description ↓
La A.C. “VOZ DEL RIO” 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 Ninfa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de fruta, producción de fruta, costura de polleras, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ninfa es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de un promotor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de producción de frutas; da a conocer que este negocio lo emprendió por iniciativa propia, ya que desde niño ella apoyo a su familia y por ello conocía este negocio.

El crédito que ahora sacará es para el aumento de capital (compra de semilla por mayor) que adquirirá de las vendedoras mayoristas de la ciudad de El Alto y posteriormente lo cultivará en su estancia para poder comercializarlo. Esta forma de trabajo le permite generar recursos para apoyar a su familia, ya que ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación 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.

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About Bolivia

  • $2,817
    Average annual income
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Voz Del Rio Group's $2,175 loan helped a member to buy seeds in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014