Carmelitas Group

The association “Carmelitas” is composed of seventeen active members that works with the Pro-Mujer family in the main center Villa Tejada, located in the city of El Alto.
The group’s businesses are varied, some dedicate themselves to the sale of furniture in the 16 of July Market, other sells assorted clothing in stores and stands, and they also have neighborhood stores. They are requesting this loan to purchase more merchandise, in order to gain more income and improve their quality of life.

Translated from Spanish by Mariela Cedeno, Kiva Volunteer

La asociación “Carmelitas” esta formada por diecisiete miembros activos que trabajan junto a la familia de Pro-Mujer en el centro focal Villa Tejada ubicado en la ciudad de El Alto.
Los negocios que tiene este grupo varios, algunas se dedican a la venta de muebles en la feria 16 de julio, otras vende ropa variada en tiendas y en puestos, también tienen tiendas de barrio. Solicitan créditos para comprar mayor mercadería, para lograr obtener mayores ingresos y mejorar su calidad 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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