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Manantial De San Felipe Group
In this Group: Maria Mercedes, Santusa, Amalia Rosse Mary , Maria, Virginia, Marcela
The communal bank "Manantial de San Felipe" is starting its first loan cycle with the organization Pro Mujer. They are working with one of the organization's regional offices in Los Andes. The communal bank has six members and is led by a governing board where Santusa acts as secretary.
The businesses of the group members are varied: food selling, coca selling, blanket weaving, glove weaving, clothes selling, and sewing.
The loan will benefit micro-entrepreneurs, one of whom is Santusa. She indicates that she is joining Pro Mujer for the first time, after being invited by a promoter for the institution who visited her at her home.
She currently has a business where she weaves gloves and sweaters. She started this business years ago, learning on her own initiative. She is now exporting to Europe.
The loan will be used to increase her stock (to purchase wool). She will acquire this stock at wholesale stores and, after manufacturing she will sell retail on demand. This way of work allows her to generate income to provide for her family. She lives with her partner and they have two children.
When asked about what she likes about Pro Mujer, she replies that she likes the health area.
View original language description ↓
La A.C. “MANANTIAL DE SAN FELIPE” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Santusa es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de coca, tejido de mantas, tejido de guantes, venta de ropa, costura.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Santusa es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido de guantes y chompas; cuenta que este negocio lo emprendió hace años, aprendiendo por iniciativa propia, y en la actualidad exportan este producto a Europa.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las tiendas mayoristas y posteriormente a la elaboración lo comercializara a pedido. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues 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.

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

  • $5,500
    Average annual income
  • 120
    View loans »
    Bolivia Loans Fundraising
  • $34,651,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Manantial De San Felipe Group's $1,550 loan helped a member to purchase wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 14, 2013
Mar 8, 2013
Currency Exchange Loss:
Sep 17, 2013