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Valle Hermoso Group
In this Group: Monica, Lissette Giovana, Alizon Mercedes, Noemy, Fabiola, Laura Janett, Mariela, Jhanet
The Valle Hermoso village bank is starting its first loan cycle with Pro Mujer, as part of the Panamericana regional office. The group has eight members, and Mónica is the president of the board of directors. The members of the group earn their living in a variety of ways, including upholstery, carpentry, and selling food, lingerie, api (a nonalcoholic drink made from corn), food, and fresh fish.

This loan will help these microentrepreneurs. Mónica notes that this is the first time she has been part of Pro Mujer, which she joined at the invitation of an acquaintance who is a member of the institution. She currently has a business selling coca leaves. She says that she has recently joined the coca industry, but she helped her mother in the business when she was younger.

She will use this loan for working capital to buy coca leaves from wholesalers in La Paz and then sell them in her business. This business helps her bring in an income to support her family, since she is unmarried and has a son.

When we ask her what she likes about Pro Mujer, she answers that she likes the professional development it offers.
View original language description ↓
La A.C. “VALLE HERMOSO” iniciará el primer 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 Mónica es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de salteñas, taller de tapicería, taller de carpintería, venta de ropa interior, venta de api, venta de pescado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Mónica es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de una compañera que es clienta de la institución. En la actualidad ella tiene un negocio de venta de coca; da a conocer la afiliación al sector cocalero lo adquirió recientemente, sin embargo ella apoyaba a su madre en este mismo negocio.

El crédito que ahora sacará es para el aumento de capital (compra de coca por mayor) que adquirirá de las vendedoras mayoristas del departamento de La paz 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 soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones 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

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,370,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Valle Hermoso Group's $3,275 loan helped a member to buy coca leaves at wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014