Rubi Group

The Rubi Communal Bank meets in one of the Pro Mujer community centers, Collpani, every two weeks. They are in their eighth cycle. Led by their president, Isabel Incapoma, they make their own rules.

They have their own businesses like selling food, meat, books, jute, and cosmetics. Some also have grocery stores. They need a loan to buy supplies and merchandise, which will allow them to generate greater income and be able to cover their families’ basic needs.

That is the case for Wendy Cutile who is 24. She sells meat at different fairs in the city of El Alto. She needs to buy merchandise.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

En uno de los Centros Focales de Pro Mujer, Collpani, se reunen cada dos semanas la Asociación Comunal Rubi y estan en el ciclo 8, liderizadas por su presidenta Isabel Incapoma, elaboran su reglamento interno.
Ellas tienen sus propios negocios como la venta de comida, carne, libros, yutes, cosméticos y tienda de barrio. Necesitan el préstamo para comprar insumos y mercadería que les permita generar mayores ingresos y poder cubrir las necesidades básicas de sus familias. Es el caso de Wendy Cutile de 24 años, vende carne en diferentes ferias de la ciudad de El Alto, y requiere comprar 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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