Maravillosas Group


Status: Paying Back

$3,350.00   Loan Amount
70% repaid

About the Group

Group Name: Maravillosas Group
Group Members: MARTHA ESPINO
DORA VARGAS
SECUNDINA MAMANI
GRACIELA CHOQUE
ELIAS QUISPE
RUTH RAMOS
GENOVEVA JULIA LIMACHI
NORA FLORES
GRACIELA ANCO HERRERA
JUANA MAMANI ZUÑAGUA
IRMA CALAMANI CHOQUE
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,350.00
Loan Use: Buy merchandise and raw materials
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 29, 2009
Date Disbursed: Jun 26, 2009
Date Funded:Jul 20, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0448 BOB = 1 USD



In the Panamericana Community Center, you will find the “Maravillosas” Association. These women are concerned about their health and all of them have arrived at the medical clinic to receive a pap test. Martha Espino is the president of this group. One of the members is Graciela Choque, who joined after a friend invited her. They are a close and cheerful group.


All members have different businesses such as selling food, fruit, furniture, fabric, blankets and other items. They will use their loan to buy more merchandise, purchase raw materials, and increase the product selection offered to their customers.



Translated from Spanish by Ronan Reodica, Kiva Volunteer



En el Centro Focal “Panamericana” se encuentra la Asociación Comunal “Maravillosas”, un grupo de señoras que se preocupan por su salud y todas acuden al consultorio para hacerse la prueba del Papanicolau, a la cabeza de su presidenta Martha Espino.
Una de las integrantes es Graciela Choque, quien cuenta que llegó al grupo cuando ya estaba conformado, una amiga la había invitado, es un grupo muy unido y alegre indica.

Todas las integrantes tienen diferentes negocios como la venta de comida, fruta, elaboración de muebles, tejido de mantas y otros. Ellas invertirán el préstamo en comprar mayor mercadería/compra de materia prima y tener productos surtidos para ofrecer a sus clientes.




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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Anonymous
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Journal entries for Maravillosas Group


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

Thank you for your loan. It has been disbursed to Maravillosas Group, consisting of MARTHA ESPINO , DORA VARGAS , SECUNDINA MAMANI, GRACIELA CHOQUE , ELIAS QUISPE , RUTH RAMOS , GENOVEVA JULIA LIMACHI , NORA FLORES , GRACIELA ANCO HERRERA , JUANA MAMANI ZUÑAGUA , IRMA CALAMANI CHOQUE 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 21, 2009
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Kiva Help Repayment Schedule for Maravillosas Group

  Expected Repayments Actual Repayments Comments
September 2009 $335.00 $335.00 Repayment Received
October 2009 $670.00 $670.00 Repayment Received
November 2009 $670.00 $670.00 Repayment Received
December 2009 $670.00 $670.00 Repayment Received
January 2010 $670.00 Available Jan 1  
February 2010 $335.00 Available Feb 1