Acuario Rsr Group

Luzmila represents the Acuario RSR group. Bernarda and Wilma form the executive board. This bank has twelve members. Most of them are in the Villa Caluyo zone in the city of El Alto. The members, in spite of their level in life, enjoy their small stands where they sell different products like vegetables, cheese, and clothes. Some have grocery stores, some make hand made sweaters, and some sew blankets.

The group is formed by women who fight day to day for the daily income to support their families.

The loan is to buy materials and supplies to stock their work places, to have better quality products, and to be able to enter a more competitive market.

The members have experience working with supportive groups. Now that they are entering another loan cycle together, they demonstrate responsibility, honesty, and the desire to get ahead in order to offer their families a better quality of life.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

El grupo "ACUARIO RSR" esta representado por la señora Luzmila y por su mesa directiva conformada por la señora Bernarda y Wilma. Este Banco tiene doce componentes que en su mayoría radican en la Zona de Villa Caluyo de la ciudad de El Alto; las socias a pesar de su nivel de vida gozan de sus pequeños puestos de venta de diferentes productos como verduras, quesos, venta de ropa, pequeñas tiendas de abarrotes, elaboración de chompas tejidas a mano y a la costura del frazadas. El grupo esta conformado por pura mujeres que luchan día a día por un ingreso diario que es el sustento de sus familias. El destino del financiamiento es para la compra de materiales e insumos para surtir más sus puestos de trabajo y tener un producto de mayor calidad y poder acceder a un mercado más competitivo. Las socias cuentan con experiencia trabajando con grupos solidarios ya que van cursando un ciclo mas juntas demostrando tener responsabilidad, honestidad y ganas de salir adelante para brindar a sus familias una mejor calida de vida.



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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