Kantutas Group


Status: Paying Back

$3,425.00   Loan Amount
41% repaid

About the Group

Group Name: Kantutas Group
Group Members: GIMENA JUSTA AGUILERA
MARTHA MAXIMA ROJAS
PAULINA YOLA FERNANDEZ
JOSE FELICIANO VALDA
PASESA ROJAS
CRISTINA LARUTA (not pictured)
JACQUELINNE IVONNE NAVA
JIMENA LLANQUE
TANCARA JULIA
MARIA ROXANA AGUILERA
MARIA ANTONIETA AGUILERA
MARIEL ROSARIO CORDERO
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,425.00
Loan Use: purchase of merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Oct 30, 2009

About the Country

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



"Kantutas" is the name of an association belonging to the Exaltación Regional Office in the city of El Alto. This group consists of 12 members who, with great dedication sustained throughout their six years with the organization, have not only run their households but have also acted as breadwinners for their families. To achieve this they engage in a wide range of activities from marketing cosmetics and clothing items to selling mate infusions, coffee and tea from carts at their local street markets.

Without exception, all of these women must increase their capital to be able to diversify and increase their merchandise; only in this way will they be able to increase the profitability of their enterprises and improve their own and their families' quality of life.

Translated from Spanish by Amanda McDermott, Kiva Volunteer


“Kantutas” es el nombre de la asociación perteneciente al Centro Focal Exaltación de la ciudad de El Alto, este grupo cuenta con 12 socias que a lo largo del tiempo y con mucha dedicación ya llevan 6 años en la organización, dedicándose no solo a ser amas de casa, sino también fungen como las generadoras de recursos para el sustento de sus familias. Para este fin realizan todo tipo de actividades, desde la venta de cosméticos, comercializando prendas de vestir, e incluso la venta en puestos móviles de infusiones mates, café y té en las ferias de su barrio.

Todas si excepción precisan incrementar su capital para poder variar e incrementar su mercadería, solo de ésta forma podrán incrementar la rentabilidad de sus emprendimientos y mejorar la calidad de vida de ellas y de sus familias.



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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Journal entries for Kantutas Group


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

Thank you for your loan. It has been disbursed to Kantutas Group, consisting of GIMENA JUSTA AGUILERA, MARTHA MAXIMA ROJAS, PAULINA YOLA FERNANDEZ, JOSE FELICIANO VALDA, PASESA ROJAS, CRISTINA LARUTA, JACQUELINNE IVONNE NAVA, JIMENA LLANQUE, TANCARA JULIA, MARIA ROXANA AGUILERA, MARIA ANTONIETA AGUILERA, MARIEL ROSARIO CORDERO 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 El Alto / La Paz, Bolivia
Oct 31, 2009
Comments (1)

Kiva Help Repayment Schedule for Kantutas Group

  Expected Repayments Actual Repayments Comments
December 2009 $1,427.08 $1,427.08 Repayment Received
January 2010 $570.84 Available Jan 1  
February 2010 $856.25 Available Feb 1  
March 2010 $570.83 Available Mar 1