Illimani Group


Status: Paying Back

$4,875.00   Loan Amount
45% repaid

About the Group

Group Name: Illimani Group
Group Members: MERCEDES CAMPOS MARCIA
ANA VICTORIA MUÑOZ
MARIA TERESA CAMACHO BRAVO
CRISTINA TAPIA GOMEZ
JOVITA ULO
SUSANA GUACHALLA CANQUI
CRISTINA GONZALES TARQUI
MANUELA JULIANA GARCIA COPA
JUAN JOSE QUISPE MUJICA
TERESA ROSA CONDORI ULO
LICETT HUANCA CAMPOS
JOSEFINA SANCHEZ ROSO
REINA ELVIRA CACHI SANCHEZ
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $4,875.00
Loan Use: Purchase of merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Jul 29, 2009
Date Funded:Sep 20, 2009

About the Country

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



Jovita Ilo states that she has been part of the “Illimani” Community Association for three years. She became a member because of the necessity of increasing her working capital. She has a carpentry workshop. She works with her son, who makes furniture, and her daughter, who sells it.


On this occasion, she needs the loan in order to buy wood. Like Jovita, the rest of the members have different businesses such as the sale of cosmetics, clothing, sweets, shirts, food, cakes, and neighborhood shops. They all need loans for investing in their businesses and buying merchandise.

Translated from Spanish by Richard Brown, Kiva Volunteer


Jovita Ulo, cuenta que es parte de la Asociación Comunal “Illimani” hace 3 años, ingresó por la necesidad de incrementar su capital de trabajo, ella tiene un taller de carpintería, trabaja junto a su hijo quien elabora los muebles y su hija vende los mismos, en esta ocasión necesita el préstamo para comprar madera. Al igual que Jovita las demás integrantes tienen diferentes negocios como la venta de cosméticos, ropa, dulces, camisas, comida, pasteles y tienda de barrio. Todas necesitan del préstamo para invertir en sus negocios comprando 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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Lenders to this group

Alicia
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Laurent D
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Elies Campo
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Paul

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Karol
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Russell
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Oliver
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Heather
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Annie
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Marthalu
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Tim
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Richard
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Anonymous
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Carol
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Tom
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Ed Dombrowski
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Christian
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Maxine
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Susan
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Evan
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Kit
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Paul & Aren
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Anonymous
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Michael
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Paula
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Jerry
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Jama Software
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Don
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Andrea
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Richard
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Dean Plassaras
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Larry and Donna
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Bill
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Ted and Katharine
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Doug
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NumbNut
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Mila
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Carol
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D & K
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Leslie
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Samuel
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Alton
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Chet7896
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KKS
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Victoria L
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Jonathan
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John
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Rich
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Phil & Jean
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Matthew
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Anonymous
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Anne
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Anonymous
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CAROL
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Richard
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Sandra
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Lucas
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Wayne
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bill
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Rick
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James
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Doris & David
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Aaron, Yosmar & Stella
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Rory
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peter
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SEG
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José and Barbara
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Holly
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Tom Wilkinson
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Lars
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Janet
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Coulsen
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Yoav
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betsy
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Mark & Joanne
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Anonymous
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David & Margaret
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Casey
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Anonymous
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John
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Patrick
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Megan
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Adam
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Richard
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Terry
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Sarah
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Bill
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John
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Anonymous
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Adam
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Shannon
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Frances
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Evan
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Hillary
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Kathryn
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Rob
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Robert
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Journal entries for Illimani Group


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

Thank you for your loan. It has been disbursed to Illimani Group, consisting of MERCEDES CAMPOS MARCIA , ANA VICTORIA MUÑOZ , MARIA TERESA CAMACHO BRAVO , CRISTINA TAPIA GOMEZ , JOVITA ULO , SUSANA GUACHALLA CANQUI , CRISTINA GONZALES TARQUI , MANUELA JULIANA GARCIA COPA , JUAN JOSE QUISPE MUJICA , TERESA ROSA CONDORI ULO , LICETT HUANCA CAMPOS , JOSEFINA SANCHEZ ROSO , REINA ELVIRA CACHI SANCHEZ 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
Sep 21, 2009
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Kiva Help Repayment Schedule for Illimani Group

  Expected Repayments Actual Repayments Comments
November 2009 $1,329.54 $1,329.54 Repayment Received
December 2009 $886.37 $886.37 Repayment Received
January 2010 $1,329.54 Available Jan 1  
February 2010 $886.37 Available Feb 1  
March 2010 $443.18 Available Mar 1