Kory Jaulitas Group


Status: Paying Back

$4,125.00   Loan Amount
72% repaid

About the Group

Group Name: Kory Jaulitas Group
Group Members: REINA LLUSCO
CARLOTA MAMANI
LUPE LLUSCO
MARCIA CONDORI
MARGARITA CHINO
MARGARITA MAMANI
MARGARITA NINA
NICOLASA HUANCA
ROSA MACHACA
ROSMERY CHOQUE
VIRGINIA TORREZ
Location: La Paz / El Alto, Bolivia
Activity: Clothing Sales

About the Loan

Loan Amount: $4,125.00
Loan Use: The purchase of premium material
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 26, 2009
Date Disbursed: Jun 22, 2009
Date Funded:Jun 30, 2009

About the Country

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



The “Kory Jaulitas” Communal Association, which means “Jaula de Oro (Cage of Gold)”, is a group of very united and happy women who have been meeting for approximately five years at the “German Busch” Center. The majority of the members communicate in the Aymará language (their native language), and the majority are in the business of knitting different garments, both by hand and machine. One of them is Reyna Llusco whose specialty is to knit baby clothes and in this season of cold weather she has a lot of demand. All of the members of Kory Jaulita indicate that the loans that they are receiving will allow them to have a better financial situation and they will be able to purchase premium material such as wool.

Translated from Spanish by William Gray, Kiva Volunteer


La Asociación Comunal “ Kory Jaulitas” que significa “Jaula de Oro” es un grupo de señoras muy unidas y alegres, con aproximadamente 5 años de vida se encuentra en el Centro Focal “German Busch”, sus integrantes en su mayoría se comunican con el idioma aymará (idioma nativo), así también, la mayoría se dedica al tejido de diferentes prendas, puede ser a mano o a máquina, una de ellas es Reyna Llusco su especialidad es tejer ropa de bebe y en esta época de frío tiene mucha demanda. Todas las integrantes de Kory Jaulita manifiestan que el crédito que están obteniendo les permitirá tener mayor movimiento económico y podrán comprar materia prima como la lana.




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 Kory Jaulitas Group


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

Thank you for your loan. It has been disbursed to KORY JAULITAS Group, consisting of REINA LLUSCO, CARLOTA MAMANI, LUPE LLUSCO, MARCIA CONDORI, MARGARITA CHINO, MARGARITA MAMANI, MARGARITA NINA, NICOLASA HUANCA, ROSA MACHACA, ROSMERY CHOQUE, VIRGINIA TORREZ 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 1, 2009
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Kiva Help Repayment Schedule for Kory Jaulitas Group

  Expected Repayments Actual Repayments Comments
September 2009 $750.00 $750.00 Repayment Received
October 2009 $750.00 $750.00 Repayment Received
November 2009 $750.00 $750.00 Repayment Received
December 2009 $750.00 $750.00 Repayment Received
January 2010 $750.00 Available Jan 1  
February 2010 $375.00 Available Feb 1