The businesses carried on by the members of the communal bank are varied, and include a bookstore, knitting baby sweaters, candy and food stand, neighborhood store, weaving of shawls and textiles, and school caretaker.
The loan they will take out is to benefit small business people such as Rosa. She says that is the first time she has joined Pro Mujer, entering at the invitation of a field representative of the institution, who came to visit her at home.
Currently she has a bookstore business, and says that she launched it through her own initiative, on seeing the need for her products in her area. The loan she will now take out is to increase her capital (purchase of school supplies), which she will acquire at wholesale in the markets of the city of La Paz, and later sell at her shop.
This form of work allows her to generate resources for supporting her household as best she can, as she lives with her partner and has a child. When asked what she likes about Pro Mujer, she answers that she likes the credit, the training, the health clinic and the savings program.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Rosa es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de librería; da a conocer que este negocio lo emprendió por iniciativa propia, al ver la necesidad de sus productos en su zona.
El crédito que ahora sacará es para el aumento de capital (compra de material escolar) que adquirirá de las ferias de la ciudad de La Paz, por mayor, y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión y tiene un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito, las capacitaciones, el área de salud y los ahorros.
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.
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