Año Nuevo Aymara Group


Status: Paying Back

$3,500.00   Loan Amount
54% repaid

About the Group

Group Name: Año Nuevo Aymara Group
Group Members: JULIA ROXANA FLORES HONORES
VIRGINIA CORONEL MAMANI
MAXIMA MAMANI
ROSA QUISPE MENDOZA
LUDINA JOYCE TINCUTA LIMACHI
SARAH MARGOTH MONZON FLORES (not pictured)
CARMEN ROSA CRUZ MAMANI
MAX ALAN VALENCIA YUJRA (not pictured)
WENDY ROSARIO MICHME TAPIA
FELISA VILLACORTA SALGADO
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,500.00
Loan Use: Working Capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Sep 20, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:6.9700 BOB = 1 USD



The Community Association "Año Nuevo Aymara” is located in one of the focal points of Pro Mujer "Los Andes". The members have been working together for about 5 years. Its president is Julia Flores who organized them and developed internal regulations. She is responsible for Health guidelines for the use of the clinic.


All the members have their own businesses such as the production of chairs, macramé crafts, beauty salon, bookstore, print service, twine manufacturing and sale of cosmetics. They need the loan to increase working capital and to buy supplies.


Translated from Spanish by Adriana Pierce, Kiva Volunteer


En uno de los Centros Focales de Pro Mujer “Los Andes” se encuentra la Asociación Comunal “Año nuevo aymará”, están juntas hace 5 años aproximadamente, su presidenta es Julia Flores quién las organiza para elaborar su reglamento interno, además la Responsable Popular de Salud las orienta para hacer uso del consultorio. Todas tienen sus propios negocios como la producción de sillones, artesanía en macramé, salón de peinados, atención de librería, servicio de estampados, fabricación de cordeles y venta de cosméticos. Necesitan el préstamo para incrementar su capital de trabajo, comprando insumos y 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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Honorah
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Tendy Law
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Journal entries for Año Nuevo Aymara Group


Loan has been disbursed
 
Entrepreneur: Año Nuevo Aymara Group
Location: La Paz / El Alto, Bolivia

Thank you for your loan. It has been disbursed to Año Nuevo Aymara Group, consisting of JULIA ROXANA FLORES HONORES , VIRGINIA CORONEL MAMANI , MAXIMA MAMANI, ROSA QUISPE MENDOZA , LUDINA JOYCE TINCUTA LIMACHI , SARAH MARGOTH MONZON FLORES , CARMEN ROSA CRUZ MAMANI , MAX ALAN VALENCIA YUJRA , WENDY ROSARIO MICHME TAPIA, FELISA VILLACORTA SALGADO 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
Comments (1)

Kiva Help Repayment Schedule for Año Nuevo Aymara Group

  Expected Repayments Actual Repayments Comments
November 2009 $954.55 $954.55 Repayment Received
December 2009 $954.54 $954.54 Repayment Received
January 2010 $636.37 Available Jan 1  
February 2010 $636.36 Available Feb 1  
March 2010 $318.18 Available Mar 1