Sartawisa Group


Status: Paying Back

$3,850.00   Loan Amount
81% repaid

About the Group

Group Name: Sartawisa Group
Group Members: VIRGINIA CALLISAYA
JUANA GUTIERREZ
EUSTAQUIA MAMANI
PAULINA ESPINOZA
FLORA TINCUTA
FILOMENA CHOQUE
SANTUSA CASAS
IRENE MIRANDA
NIEVES CHOQUE
BENITA MAMANI
ANGELICA IBAÑEZ
AIDA MAMANI
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,850.00
Loan Use: Buy raw material and or buy more merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 18, 2009
Date Funded:Jul 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD



In the Alto Lima Community Center you will find the Sartawisa Community Association, which has been in existence for approximately 14 years. Its members have different businesses like selling food, neighborhood store, clothing store, weaving blankets, cosmetic sales, and tending telephone booths. They all guarantee that they will use the loan to buy raw materials or more merchandise.

Juana Gutierrez is one of the oldest members. She remembers joining the association 13 years ago when her sister-in-law invited her. She needed capital to start a business. She then started selling meals. With the passage of time, she decided to changes businesses. She now weaves blankets, which allows her to have greater income.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


En el Centro Focal “Alto Lima” se encuentra la Asociación Comunal “Sartawisa” que tiene aproximadamente 14 años de vida, sus integrantes tienen diferentes negocios como: venta de comida, tienda de barrio, venta de ropa, tejido de mantas, venta de cosméticos y atención de cabinas telefónicas. Todas aseguran que utilizarán el préstamo para la compra de materia prima o mayor mercadería.

Juana Gutierrez es una de las más antiguas integrantes, ella recuerda haber ingresado a la Asociación hace 13 años, cuando su cuñada la invitó, además tenía la necesidad de contar con un capital para emprender un negocio, en ese entonces, ella vendía comida pero con el pasar del tiempo decidió cambiar de negocio y hoy se dedica al tejido de mantas que le permite tener mayores ingresos.



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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Journal entries for Sartawisa Group


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

Thank you for your loan. It has been disbursed to Sartawisa Group, consisting of VIRGINIA CALLISAYA, JUANA GUTIERREZ, EUSTAQUIA MAMANI, PAULINA ESPINOZA, FLORA TINCUTA, FILOMENA CHOQUE, SANTUSA CASAS, IRENE MIRANDA, NIEVES CHOQUE, BENITA MAMANI, ANGELICA IBAÑEZ, AIDA MAMANI 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 La Paz / El Alto, Bolivia
Jul 16, 2009
Comments (1)

Kiva Help Repayment Schedule for Sartawisa Group

  Expected Repayments Actual Repayments Comments
September 2009 $700.00 $700.00 Repayment Received
October 2009 $700.00 $700.00 Repayment Received
November 2009 $700.00 $700.00 Repayment Received
December 2009 $1,050.00 $1,050.00 Repayment Received
January 2010 $700.00 Available Jan 1