Minervas Group

The communal association “Minervas” finds its focal center in Alto Lima, in the city El Alto in La Paz, Bolivia. Minervas is comprised of 15 women who have worked alongside the Kiva field partner Pro-Mujer (For Women) for the past five years.

This group has different businesses. They are dedicated to making sweaters, creating curtains, cooking meals, serving tea, selling luggage, and selling sweets via ambulatory kiosks. Now they state that they need credit in order to purchase raw materials and / or products in bulk in order to increase their sales. This will ensure that they can generate more revenue.

Translated from Spanish by Debra Faszer-McMahon, Kiva Volunteer

En la ciudad de el alto se encuentra ubicado el centro focal Alto Lima a este pertenece la asociación “Minervas”, formado por quince mujeres, trabajan junto a la familia de Pro Mujer hace cinco años.
Este grupo tiene diferentes negocios, se dedican al tejido de chompas,confecion de cortinas,elaboracion de comida, servicio de te, venta de maletas, venta de dulces en kioscos y de forma ambulante. Ahora Afirman que necesitan de créditos para comprar materia prima y/o productos en mayor cantidad, para ampliar sus ventas, tienen la seguridad que generaran mejores ganancias



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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