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Flor Kantuta Group
In this Group: Bertha, Juan , Maribel, Virginia, Betty Sofia, Victoria, Francisca, Julia
The Flor Kantuta communal bank is entering its fifth cycle in Pro Mujer as part of the Centro Focal de Panamericana. It consists of eight members and is headed by an executive board where Mrs. Bertha is President. The various members of the community bank work in basket weaving, macramé woven blankets, and sewing bags, selling clothes and coca, and general neighborhood and transportation businesses.

The loans benefit small microentrepreneurs where Mrs. Bertha is a member. She has been a member of Pro Mujer for five years after she accepted an invitation from the institution. Today she has a grocery store business which she started several years ago, as this business was highly sought after in the La Paz market.

The loan will allow her to earn increased capital, as she can buy wholesale groceries from vendors of the city of El Alto and subsequently sell them in her own retail space. This type of work allows her to generate resources to support her family as she is married and has three children.

When asked what she likes about Pro Mujer, she replies that she likes the training and health care offered by the institution.
View original language description ↓
La A.C. “FLOR KANTUTA” iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Bertha es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: elaboración de canastas, venta de ropa, venta de coca, tejido de macramé de mantas, costura de mochilas, tienda de barrio, servicio de transporte.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Bertha es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por la invitación de una campaña masiva de la institución. En la actualidad ella tiene un negocio de tienda de abarrotes; da a conocer que este negocio lo implemento hace varios años, al observar que este negocio era muy solicitado en el mercado paceño.

El crédito que ahora sacará es para el aumento de capital (compra de abarrotes por mayor) que adquirirá de las vendedoras mayoristas de la ciudad de El Alto 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 la capacitación y 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.

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About Bolivia

  • $2,817
    Average annual income
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Flor Kantuta Group's $3,925 loan helped a member to buy wholesale groceries.
88% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible