Check out some available loans that are similar to this one!
Jesus Te Ama Group
In this Group: Francisca, Vicenta, Felipa, Fanny Yola, Pascuala Andrea, Maria Victoria, Mery Martha , Mary Viviana
The lending group, "Jesus Te Ama" (Jesus Loves You) is entering its 22nd cycle in Pro Mujer as part of their German Busch regional office. The group is made up of eight members, and it is led by a board of directors of which Francisca is the president. The members of the lending group are involved in a variety of businesses including: selling meats, selling car accessories, sewing jackets, selling condiments, selling pastries, offering internet service, sewing sports equipment, sewing coveralls.

The loan that they are seeking will benefit the small businesses in the group. Francisca states that she joined Pro Mujer three years ago after being invited by her neighbor who is a member of the institution. Currently, she has a business weaving blankets from Vicuña. She tells us that she started this business many years ago with her family since they work making these crafts.

The loan will help her to increase her capital by purchasing Vicuña fibers in bulk from the traditional markets in the city of El Alto. She will later sell the blankets that she weaves in her store. This form of work allows her to generate an income to support her family since she is married and has four children. When asked what she likes about Pro Mujer, she replies that she likes the meetings that she has with her members.
View original language description ↓
La A.C. “JESUS TE AMA” iniciará el vigésimo segundo ciclo en Pro Mujer, como parte del Centro Focal de German Busch, 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: venta de carne, venta de accesorios de autos, costura de chamarras, venta de condimentos, venta de masitas, servicio de internet, costura de deportivos, costura de overoles.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Francisca es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de una vecina que es cliente de la institución. En la actualidad ella tiene un negocio de tejido de mantas de vicuña; da a conocer que este negocio lo implemento hace varios años conjuntamente sus familiares, ya que ellos trabajaban realizando este arte.

El crédito que ahora sacará es para el aumento de capital (compra de fibra de vicuña por mayor) que adquirirá de las ferias tradicionales 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 esta casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones que se desarrollan con sus compañeras de Banca Comunal.

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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Te Ama Group's $4,850 loan helped a member purchase Vicuña fibers in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015