Kantutitas Group


Status: Paying Back

$3,525.00   Loan Amount
81% repaid

About the Group

Group Name: Kantutitas Group
Group Members: MARGARITA COLQUEHUANCA
CARMELA QUISPE
ELENA BAUTISTA
ROSA BAUTISTA
SIMONA VASQUEZ
SUSI CELIA LARICO
VICTORIA VIRGINIA LARICO
NANCY AYNA
ROSMERY LAURA
IRMENIA MAMANI
VIRGINIA YUKRA
DEANITH BAUTISTA
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,525.00
Loan Use: Buy various supplies and products for range of businesses.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 1, 2009
Date Disbursed: Jun 10, 2009
Date Funded:Aug 19, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:6.9720 BOB = 1 USD



The Kantutitas association has worked with Pro-Mujer for approximately one year. It meets in the Alto Loma center in the city of El Alto. The association currently has thirteen members. The group's businesses are diverse and include: making sports clothes for sale, operating retail stores, concocting natural medicines for sale, selling automobile accessories, knitting matillas for sale, and carpentry services. Rosa, for example, works as a carpenter with her husband, making products and selling them to order and in the 16 de Julio market in El Alto. The Kantutitas assocation wants to buy raw materials and products to expand their output, with the end of improving their incomes and enhancing the wellbeing of their respective households.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


La asociación “Kantutitas” trabaja junto a Pro-mujer hace un año aproximadamente, se reúnen en el centro focal Alto Lima, ubicado en la ciudad de El Alto, a la fecha cuenta con trece integrantes.Diversas son las actividades de este grupo, como ser; confección de deportivos, otras tienen tiendas de barrio, elaboran remedios naturales, venden accesorios para autos, también realizan tejidos de mantillas y trabajos de carpintería, Rosa por ejemplo trabaja siendo carpintera junto a su esposo, elaboran sus trabajos para luego venderlos a pedido y en la feria 16 de julio de la ciudad de el Alto. La asociación Kantutitas desea comprar materia prima y productos para ampliar su producción, solo con el fin de mejorar sus ingresos para ofrecer bienestar en sus hogares


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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Andrea
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Laurent D
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Lisbeth
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Eddie
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Lorri
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Thomas
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Zoltan
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Anna-Karin & Jesper
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Journal entries for Kantutitas Group


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

Thank you for your loan. It has been disbursed to Kantutitas Group, consisting of MARGARITA COLQUEHUANCA, CARMELA QUISPE, ELENA BAUTISTA, ROSA BAUTISTA, SIMONA VASQUEZ, SUSI CELIA LARICO, VICTORIA VIRGINIA LARICO, NANCY AYNA, ROSMERY LAURA, IRMENIA MAMANI, VIRGINIA YUKRA, DEANITH BAUTISTA 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 El Alto / La Paz, Bolivia
Aug 20, 2009
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Kiva Help Repayment Schedule for Kantutitas Group

  Expected Repayments Actual Repayments Comments
October 2009 $1,602.25 $1,602.25 Repayment Received
November 2009 $640.90 $640.90 Repayment Received
December 2009 $640.90 $640.90 Repayment Received
January 2010 $640.95 Available Jan 1