Punku paxi means The Moon's Door in the Aymará language and is the name that this association, that has worked with the Pro-Mujer family for 9 years, has adopted. The association has various businesses. Abraham, for example, is a auto body worker. Others sell baby clothing and other consumer items, but the majority are craftspeople; they make blankets with beautiful traditional designs woven in looms that are sold in souvenir shops as well as by request.
They need work capital to purchase raw materials. By generating higher incomes they will improve their quality of life as well as that of their children.
Punku paxi, significa Puerta de la luna en lengua aymará, esta es la denominación que adopta una asociación, que trabajan con la familia de Pro-Mujer hace mas de nueve años . Varios son los negocios de esta asociación, Abraham por ejemplo es chapista de autos, otras venden ropa para bebes, también tienen tiendas de consumo pero la mayoría son artesanas, realizan mantas con hermosos diseños tradicionales tejidos en telar, luego los venden a tiendas turisticas y tambien a pedido.
Necesitan mayores créditos para comprar materia prima. Generando mayores ingresos conseguirán mejorar su calidad de vida junto a la de sus hijos.
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.