Check out some available loans that are similar to this one!
Buena Amistad Group
In this Group: Teresa Remedios , Ana Maria , Lucia , Maria Magali, Sandra , Candelaria, Dorys , Ericka Julisa
The Buena Amistad [Close Friendship] communal bank will begin its first loan cycle at Pro Mujer as part of the Centro Focal de Panamericana [Panamerican Regional Center]. It is made up of eight members and lead by a board of directors where Teresa is the president. The businesses which the members of the communal bank carry on with are varied. Amongst them are: sale of sweets, sale of condiments, sale of juices, sale of slippers, sale of books, woven macramé, sale of CDs and the sale of sweatshirts.

The loan will benefit micro businesses where Teresa is a member. She has been a part of Pro Mujer for ten years, joining at the invitation of a promotional campaign by the institution. She currently has a business weaving macramé garments. She launched this business several years ago with her friends who work with the same techniques in their businesses.

The loan she will now take out is to augment her capital (purchase of wool wholesale) which she will acquire from the wholesale vendors in the city of El Alto. After processing it she will sell it from her vendors stall. This type of work allows her to generate income to support her family since she has two children and lives with her partner.

When asked what she likes about Pro Mujer she responds that she likes the health center services which the institution offers.
View original language description ↓
La A.C. “BUENA AMISTAD” 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 Teresa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de golosinas, venta de condimentos, venta de jugos, venta de chinelas, venta de libros, tejido en macramé, venta de CD’s, venta de busos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Teresa es integrante, ella indica que hace diez años que integra Pro Mujer, ingresando por la invitación de una campaña de promoción de la institución. En la actualidad ella tiene un negocio de tejido de prendas a macramé; da a conocer que este negocio lo emprendió hace varios años de sus amigas, quienes trabajaban con la misma técnica en sus negocios.
El crédito que ahora sacará es para el aumento de capital (compra de lana por mayor) que adquirirá de las vendedoras mayoristas 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 vive en concubinato y tiene dos hijos.

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

About Bolivia

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Amistad Group's $2,775 loan helped a member to buy wool wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2014
Listed
Jul 27, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015