Friends Of Tilata Group

The Cascada center can be found in the June 6th neighborhood of El Alto city, and the "Friends of Tilata" association belongs to the center. The association bears that name because the group is made up of neighbors and friends who live in the Tilata area (El Alto city). The group has 16 members and have shown themselves to be a responsible and united group. Most of them are married and they confirm that the income that they earn is not enough to cover the basic needs of their families because their families are large. The group has a variety of business activities, including sales of fruit, school supplies, small electronics, housewares, roast chicken, among others. The "Friends of Tilata" association needs capital for the purchase of ingredients, raw materials and merchandise, and they are confident that they will then produce more income.

Translated from Spanish by Anne Kamsvaag, Kiva Volunteer

En la urbanización seis de junio de la ciudad de El Alto se encuentra el centro Cascada, a este pertenece la asociación “Amigas de Tilata”, recibe esta denominación ya que el grupo esta formado por vecinas y amigas que viven en la zona de Tilata (ciudad de El Alto). Está formada por dieciséis integrantes las cuales han demostrado ser un grupo responsable y unido.
Casadas en su mayoría, afirman que los ingresos que obtienen no son suficientes para cubrir las necesidades básicas en sus hogares ya que sus familias son numerosas.
Diversas son las actividades de este grupo, como ser; venta de frutas, material escolar, artefactos electrónicos, artículos para el hogar, pollo cocinado al horno y otros. La asociación Amigas de Tilata necesita capital para la compra de insumos y mercadería, tienen la seguridad de generaran mayores ganancias.



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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