Rubi Group

Doña Tomasa serves as president of the Rubi Communal Bank. She lives in her own home in the populated district of Av. Buenos Aires. She is 47 years old and married to Don Martin. Doña Tomasa and her husband operate a locksmith shop. Their specialty is manufacturing metal doors and windows. The loan she will receive will be used to purchase tools.

Doña Maria is the treasurer of the Rubi Communal Bank. She lives in the district of Alto Tacagua in her family home. Doña Maria is 42 years old and married to Don Braulio. From her vending booth on Los Andes Avenue, she sells shoes that her husband manufactures. Her loan will be used to purchase materials such as leather, vinyl, and other products.

Sra. Gloria is the secretary of the Rubi Communal Bank. She lives in the central district in the home of her in-laws. She is 31 years old and married to Don Efrain. Gloria sells videos and DVDs. She acquires her products from a wholesale outlet located on the Peruvian border and then sells them in the northern district of La Paz. Her loan will be used to increase her operating capital.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Presidenta del B.E. RUBI: Doña Tomasa , vive en la populosa zona de la Av. Buenos Aires, en domicilio propio, tiene 47 años y esta casada con don Martin , su negocio es familiar ya que trabaja junto a su esposo en su taller de cerrajeria, la especialidad es la fabricacion de puertas y ventanas de metal; el crédito que obtuvo lo está destinando a la compra de herramientas.
Tesorera del B.E. RUBI: Doña Maria , vive en la popular zona de Alto Tacagua en casa familiar, tiene 42 años y está casada con don Braulio , la señora se dedica a la venta de calzados que los fabrica su esposo y ella es la que se dedica a venderlos en su puesto propio ubicado en la avenida Los Andes; El lo ha destinado para la compra de material como cuero, pvc y otros.

Secretaria del B.E. RUBI: La señora Gloria , vive en la zona central en casa de sus suegros, tiene 31 años de edad y se encuentra casada con don Efrain , su actividad económica está relacionada con la venta de videos, DVD, C; los mismos que los compra al por mayor del desaguadero (frontera con la republica del Peru)y los comercializa en la zona Norte de la ciudad de La Paz; el crédito lo está destinando al incremento de capital.


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