Las Mayas Group

Knitting blankets and sweaters, selling fish, candy, food, and condiments, and running neighborhood stores are the economic activities of the members of the Las Mayas group, who belong to the Panamerican Regional Hub. They joined forces recently due to their need to raise capital and make their businesses grow, some by purchasing raw materials and others by acquiring merchandise.

One of the members is Virginia Carrillo, a married woman who is 30 years old with three small children. She says that she was excited to join the group because she needs money to buy raw materials (wool) since she knits blankets on a machine. Six months ago she bought the knitting machine and since then has been perfecting the technique and producing blankets. Now she wants to increase her level of production.

Virginia buys her raw materials from wool vendors in the city of La Paz and sells her products to a variety of customers at the 16th of July market. Prices range from 85 to 200 bolivianos, with the most economical made of common wool and those of higher price made of yarn.

Translated from Spanish by Amanda McDermott, Kiva Volunteer

Tejido de mantas y chompas, venta de pescado, dulces, comida, condimentos, atención de tienda de barrio, son las actividades económicas de las integrantes del grupo Las Mayas que pertenecen al Centro Focal Panamericana. Se agruparon hace poco por la necesidad de contar con capital y hacer crecer sus negocios, algunos comprando materia prima y otras adquiriendo mercadería.
Una de las integrantes es Virginia Carrillo, mujer casada de 30 años con tres hijos pequeños, cuenta que se animó a entrar al grupo porque necesita dinero para comprar materia prima (lana) ya que teje mantas a máquina, hace 6 meses atrás se compro una máquina de tejer y desde entonces ha estado perfeccionando el tejido y elaborando mantas, ahora quiere incrementar su nivel de producción.
Virginia compra la materia prima de la ciudad de La Paz, agencias de lana y vende su producto en la feria 16 de Julio ofreciendo a diferentes personas, los precios varían de Bs.- 85 a Bs.- 200, los más económicos son de lana común, y los de mayor precio son de hilo.




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

Subscribe