Armada Boliviana Group

In the "Los Andes" Community Center you will find the eleven member "Armada Boliviana" Communal Association. Its president is Sabina Quenta, who explains that the group formed in the 23 de Febrero neighborhood and that all of its members live near a school bearing the same name as the association.
Feliza Quenta, a member of this Association, has a business selling "pito" (ground barley), which she prepares in small bags and delivers to neighborhood shops. Her product is generally consumed by children. Just like Feliza, the other group members have small businesses where they sell gifts, cheese, meals, vegetables, french fries, sodas, cakes, and school supplies, and they all need this loan in order to increase their inventory.

Translated from Spanish by Julia Kaplan, Kiva Volunteer

En el Centro Focal “Los Andes” se encuentra la Asociación Comunal “Armada Boliviana”, con 11 integrantes, su presidenta es Sabina Quenta, quien explica que el grupo se formo en la zona 23 de Febrero, todas viven cerca un colegio del mismo nombre de la asociación.
Feliza Quenta es una de las integrantes de esta Asociación, tiene el negocio de venta de pito (cebada molida) que se prepara en pequeñas bolsas y reparte a tiendas de barrio, este producto generalmente lo consumen los niños. Al igual que Feliza sus compañeras tienen negocios pequeños como la venta de regalos, queso, comida, verduras, papa frita, refresco, torta y material escolar, y necesitan el préstamo para incrementar su mercadería.



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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