Flor De Amapolas Group
Status: Paying Back
| $4,650.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Flor De Amapolas Group |
|---|---|
| Group Members: |
PAULINA TANCARA JOSEFA PEREZ ROSA ARUQUIPA SIMONA ALANOCA IRENE MAMANI (not pictured) FELICIDAD QUENTA SOFIA POROMA BRIGIDA SULLCA ADRIANA PEREZ TEODORA CALLISAYA CHIARA ZULETA LUCIA CHIARA (not pictured) MARIA EUGENIA CONDORI LIDIA CHIPANA DAMIANA CADILLO |
| Location: | El Alto / La Paz, Bolivia |
| Activity: | Crafts |
About the Loan
| Loan Amount: | $4,650.00 |
|---|---|
| Loan Use: | Product Purchasing |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 1, 2009 |
| Date Disbursed: | Jul 29, 2009 |
| Date Funded: | Oct 4, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Pro Mujer Bolivia |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 28 months |
| Kiva Entrepreneurs: | 5128 |
| Total Loans: | $1,361,350 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Bolivia |
|---|---|
| Avg Annual Income: | $2,817.00 |
| Currency: | Bolivia Bolivianos (BOB) |
| Exchange Rate: | 7.0200 BOB = 1 USD |
In the Cascada communal banking group in the city of El Alto, the “Flor de Amapolas” association was formed more than eleven years ago. Paulina Tancara, who is currently the president, is one of the founders who invited her female neighbors and friends to become part of the group.
En el centro focal Cascada ubicado en la ciudad de El Alto, hace más de once años, se formo la asociación “Flor de Amapolas”, Paulina Tancara que actualmente es la presidenta, es una de las fundadoras, invitando a sus vecinas y amigas a formar parte del grupo.
Las integrantes de este grupo en su mayoría son comerciantes, venden todo tipo de productos, por ejemplo; frazadas, colchones, verduras, fruta, chompas, aguayos, cereales y otros. Necesitan comprar mayor cantidad de productos para obtener 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
The members of this group are mainly merchants selling all types of products such as blankets, mattresses, vegetables, fruit, sweaters, woven wraps, grains, and more. They need to purchase greater quantities of product in order to obtain greater profits.
Translated from Spanish by Joseph Tobin, Kiva Volunteer
En el centro focal Cascada ubicado en la ciudad de El Alto, hace más de once años, se formo la asociación “Flor de Amapolas”, Paulina Tancara que actualmente es la presidenta, es una de las fundadoras, invitando a sus vecinas y amigas a formar parte del grupo.
Las integrantes de este grupo en su mayoría son comerciantes, venden todo tipo de productos, por ejemplo; frazadas, colchones, verduras, fruta, chompas, aguayos, cereales y otros. Necesitan comprar mayor cantidad de productos para obtener 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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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7009 Members
Journal entries for Flor De Amapolas Group
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Loan has been disbursed
Location: El Alto / La Paz, Bolivia
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Posted by
from El Alto / La Paz, Bolivia
Oct 5, 2009 |
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Comments (1)
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Repayment Schedule for Flor De Amapolas Group
Repayment Schedule for Flor De Amapolas Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $2,536.36 | Available Dec 1 | |||
| January 2010 | $845.46 | Available Jan 1 | |||
| February 2010 | $845.45 | Available Feb 1 | |||
| March 2010 | $422.73 | Available Mar 1 | |||
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