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Luz De Amor Group
In this Group: Narda, Sara Esperanza, Marina Delia, Maxima, Rigoberto, Johana Vicente, Marcela, Rosa
Luz de Amor Communal Bank will begin its first cycle with Pro Mujer as part of the Collpani Regional Office. It's made up of eight members and governed by a board of directors of which Marcela is the secretary. The bank members carry out a variety of businesses, including vegetable sales, construction, cell phone sales, food sales, a neighborhood store, cap sales, plant sales, and making polleras [traditional skirts].

The loan they're getting will benefit small business entrepreneurs like Marcela. She said she has been a member of Pro Mujer for five years, having joined on the invitation of her husband, who's a client of the institution. Currently Marcela has a business making polleras that she started five years ago. She learned the trade in a training center and later decided to do occasional work for her friends.

Marcela's loan is to increase her capital by buying fabric, which she'll get from the wholesale vendors in the city of El Alto and later sell on customer request. This form of work allows her to generate resources to support her family, because she's married and has two children.

When asked what she likes about Pro Mujer, she says the education the institution offers.
View original language description ↓
La A.C. “LUZ DE AMOR” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Marcela es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de verduras, servicio de construcción, venta de celulares, venta de comida, tienda de barrio, venta de gorras, venta de matas, costura de polleras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Marcela es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por la invitación de su esposo que es cliente de la institución. En la actualidad ella tiene un negocio de costura de polleras; da a conocer que este negocio lo implemento hace quince años, aprendiendo el mismo en un centro de formación y posteriormente decidió realizar trabajos esporádicos para sus amigas.

El crédito que ahora sacará es para el aumento de capital (compra de tela por mayor) que adquirirá de las vendedoras mayoristas de la ciudad de El Alto y posteriormente lo comercializará a pedido de la clienta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, ya que ella es casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la educación 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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De Amor Group's $2,900 loan helped a member to buy fabric wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014