Vicuñitas Group


Status: Paid Back

$3,225.00   Loan Request
$3,225.00   Paid Back

About the Group

Group Name: Vicuñitas Group
Group Members: NOHRA CRUZ
FELIZA CORDOVA
JUANA LIPA
VIRGINIA HUANCA
JOSEFA HUANCA
NORA NINA
PAULINA PARAPO
HORTENCIA MAMANI
EDGAR ORIHUELA
MARIA PORCO
ROSAURA CHOQUE
VERONICA PERCA
CARINA LAYME
BEATRIZ LAYME
MARIA POMA
BERTHA HUANCA
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,225.00
Loan Use: Purchase more merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 28, 2009
Date Disbursed: Apr 22, 2009
Date Funded:Apr 29, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0195 BOB = 1 USD



Informal commerce is the main activity of the group "Vicuñitas". Some members make a living selling milk. Feliza sells flip-flops and slippers. Others sell potatoes, while others sells lunches. The group has been with Kiva partner Pro-Mujer for more than two years. They meet every two weeks at the Andes focal center; at the moment the group consists of the 16 members. Now the women want to reinforce their businesses by purchasing larger quantities of merchandise and have the security to obtain more earnings to be able to fulfill their obligations.

Translated from Spanish by Marty Greenstein, Kiva Volunteer


El comercio informal es la principal actividad de la asociación “Vicuñitas”, se dedican a la venta de leche, Feliza vende Chinelas y pantuflas, otras venden papa, y también venden almuerzos. Esta asociación trabaja hace más de dos años junto a la familia de Pro-Mujer. Se reunen quincenalmente en el centro focal Los Andes, a la fecha el grupo esta integrado por 16 miembros. Ahora ellas quieren reforzar sus negocios comprando mayor cantidad de mercadería, tienen la seguridad que obtendrán mayores ganancias para poder cumplir con sus obligaciones.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

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Seth
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Katherine
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Karen
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leopold
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Lee
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Alberto
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John
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Fabienne & Hugues
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Tom
Galway, Rep of Ireland
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Trevor
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Anonymous
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susi
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Anonymous
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Susan
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Kelly
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John
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Jeffreu
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Isis
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Jonathan
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Angela
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Jeanne
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Robert
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peter
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Heather
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James
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Karin
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Michael
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Anonymous
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joseph
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Beijo
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Margaret
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Helena
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Dagmar
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Aoife
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Ceinwyn
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Steven
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Emma
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Anonymous
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Gene
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Wim
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Linda & Guy
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Charles
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Steve
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Linda
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Patricia
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Nan-Yao & Jill
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Erika
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Journal entries for Vicuñitas Group


Loan has been disbursed
 
Entrepreneur: Vicuñitas Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to VICUÑITAS Group, consisting of NOHRA CRUZ, FELIZA CORDOVA, JUANA LIPA, VIRGINIA HUANCA, JOSEFA HUANCA, NORA NINA, PAULINA PARAPO, HORTENCIA MAMANI, EDGAR ORIHUELA, MARIA PORCO, ROSAURA CHOQUE, VERONICA PERCA, CARINA LAYME, BEATRIZ LAYME, MARIA POMA, BERTHA HUANCA by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, Pro Mujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from El Alto / La Paz, Bolivia
Apr 30, 2009
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Kiva Help Repayment Schedule for Vicuñitas Group

  Expected Repayments Actual Repayments Comments
July 2009 $322.50 $322.50 Repayment Received
August 2009 $645.00 $645.00 Repayment Received
September 2009 $967.50 $967.50 Repayment Received
October 2009 $645.00 $645.00 Repayment Received
November 2009 $645.00 $645.00 Repayment Received