San Luis Group


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$4,150.00   Loan Request
$1,000.00   Raised so far
$3,150.00 Still needed
 
 
7 days left

About the Group

Group Name: San Luis Group
Group Members: ALICIA CONDORI LIMACHI
ANCELMA ORUÑO
ANA MARIA PEÑARANDA ESPINOZA
EDDY WILLSON PEÑARANDA ESPINOZA
NICOLASA CANAVIRI QUISPE
MARTHA QUISPE MEDINA
LIDIA MAMANI ORUÑO
MARTHA CONDORI SANCHEZ
LEONORA CORHUARI LOPES (not pictured)
GLADYS VARGAS COCA
LOLA YAQUELIN BLANCO VARGAS
SABINA CARITA CONDORI
LOURDES CHOQUEHUANCA VILLALOBOS (not pictured)
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $4,150.00
Loan Use: Purchase of merchandise and raw material
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Sep 17, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD



Selling glass, replacements, food, weaving fabric and toasting beans are the businesses that the members of the San Luís group - part of Centro Focal Collpani- are dedicated to. Martha Quispe, who is 29 years old, a wife and mother of a girl, wakes up very early to do the chores in her home to later do her work toasting beans. She buys beans, the largest ones, covers them in baking soda, to later toast them and then finally bag them. When she has enough bean packages, on the weekends she delivers to several shops and stores; this is a product that is purchased by many school children. This time she needs the loan to purchase larger quantities of beans and to keep operating her business. The rest of the members of the group also need the loan to invest in their businesses, purchasing merchandise. Their president is Alicia Condori.

Translated from Spanish by Esteban Riojas, Kiva Volunteer


Comercializar vidrios, repuestos, vender comida, hacer tejidos y tostar habas son los negocios a los cuales se dedican las integrantes del grupo San Luís que a su vez pertenece al Centro Focal Collpani. Es el caso de Martha Quispe de 29 años, esposa y madre de una niña, muy temprano se levanta para hacer las laboras de su casa, para luego empezar a hacer su trabajo como es el tostar habas. Ella compra haba, los más grandes, luego los remoja con bicarbonato, para luego tostarlos y por último embolsarlo. Cuando ya tiene suficientes paquetes de haba, los fines de semana reparte a diferentes puestos y tiendas, este producto es muy consumido por los niños escolares. En esta ocasión necesita el préstamo para comprar haba en mayores cantidades y seguir operando en su negocio.
Las demás integrantes del grupo también necesitan del préstamo e invertir en sus negocios, comprando mercadería. Su presidenta Alicia Condori, indica que les gusta


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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Kiva Help Repayment Schedule for San Luis Group

  Expected Repayments Actual Repayments Comments
January 2010 $1,245.00 Available Jan 1  
February 2010 $1,245.00 Available Feb 1  
March 2010 $830.00 Available Mar 1  
April 2010 $830.00 Available Apr 1  


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