Suma Sartawi Group


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$2,575.00   Loan Request
$600.00   Raised so far
$1,975.00 Still needed
 
 
7 days left

About the Group

Group Name: Suma Sartawi Group
Group Members: IRLANDA LOA
ASCENCIA MITA
FELIPA QUISPE
MARTHA TORRICO
IRMA GONZALES
ESPERANZA LOA (not pictured)
LIDIA CASTRO
MARLENI VIRGINIA LIMA
REGINA CASTRO
ROSA LOA
MARIA DE LOS ANGELES LARUTA
JUAN GABRIEL LIMA
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $2,575.00
Loan Use: TO BUY PRODUCTS TO SELL
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Sep 7, 2009

About the Country

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



The name “Suma Sartawi” unites an association of 12 persons who have met for 3 years in the community banking center Exaltation Villa. Among the great many activities of this group we have Martha, who dedicates herself to needlework, the same as Irlanda; Asencia has a stall selling sweets and cookies; Regina sells beef; Irma prepares delicious juices based on quinoa, and Juan sells DVDs on the streets. We should mention Lidia who sells artisan pictures in the atrium of the San Francisco Church in the city of La Paz. Lamentably, she still lacks basic services in her home and needs greater income in order to be able to solve this problem for the wellbeing of her children.


In this new loan cycle the Suma Sartawi association affirms that the loan is needed to resupply their businesses with capital, acquiring a variety of products (pictures, sweets, milk, meat, cloth, and other items).

Translated from Spanish by Harold Sims, Kiva Volunteer


“Suma Sartawi”, es el nombre que agrupa una asociación de doce personas, que se reúnen en el centro focal Villa Exaltación hace más de tres años. Entre las tantas actividades que tienen este grupo tenemos a Martha que se dedica a la costura al igual que Irlanda, Asencia Mita tiene un puesto de dulces y galletas, Regina vende carne de Res, Irma prepara deliciosos jugos en base a quinua, Juan vende DVD de forma ambulante, mencionamos también a Lidia que actualmente se dedica a la venta de cuadros artesanales, estos los comercializa en el atrio de la Iglesia San Francisco, de la ciudad de La Paz, cuenta que lamentablemente aun no cuenta con servicios básicos en su hogar, necesita ingresos mayores para poder solventar estos servicios para el bienestar de sus hijos. En este nuevo ciclo la asociación Suma Sartawi, afirman que necesitan reforzar capital a sus negocios, adquiriendo variedad de productos (cuadros, variedad de dulces, leche, carne, telas y otros)



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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Muriel
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Kiva Help Repayment Schedule for Suma Sartawi Group

  Expected Repayments Actual Repayments Comments
January 2010 $1,170.45 Available Jan 1  
February 2010 $468.18 Available Feb 1  
March 2010 $468.18 Available Mar 1  
April 2010 $468.19 Available Apr 1  


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