Sol Naciente Group

This is a long-time group in which the members have completed their payments on time. They live in the same neighborhood and know each other well. The group has named their communal bank “Sol Naciente” (Rising Sun) and they are on their 4th loan cycle.

The group president is Sra. Patricia Veronica Siles, who is engaged in selling food. She lives in a rental property with her 3 children. Her husband is employed by the city as a gardener. Patricia has completed her previous loan payments.

Serving as treasurer, Angela Jimenez Arteaga is also the founder of the group. She sells stuffed toys (dolls made of fabric) and also works as a housekeeper at a private home. She has 4 children, of whom two are still dependent. She is very active despite being one of the older members.

Hilda Mamani Jimenez is the group secretary. She sells seasonal clothing as a traveling merchant at the different fairs. She has 3 children with her live-in partner, who is a bricklayer. They live in a rented house.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Es un grupo antiguo son cumplidos en sus pagos,viven en un mismo Barrio, donde se conocen bien. Su grupo se llama "SOL NACIENTE", donde, el Banco de Emprendimiento esta en su 4º Ciclo y esta como presidenta la señora Patricia Veronica Siles , su actividad es la venta de comida ella vive en anticretico, tiene 3 hijos, su esposo trabaja como jardinero en la alcaldia, es cumplida en sus pagos. Como tesorera esta la socia Angela Jimenez Arteaga quien es fundadora del grupo, ella vende peluches (muñecos de tela) y trabaja haciendo limpieza en una casa particular, tiene 4 hijos pero 2 dependen de ella, ella es muy activa, apesar de ser de la tercera edad. Como secretaria esta la socia Hilda Mamani Jimenez quien vende ropa de temporada ambulando los dias de feria, tiene 3 hijos y esta concubinada, el es albañil,viven en casa alquilada.








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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