Yungueñitas Group


Status: Paid Back

$4,900.00   Loan Request
$4,900.00   Paid Back

About the Group

Group Name: Yungueñitas Group
Group Members: Victoria Lazo
Elizabeth Kari (not pictured)
Esperanza Quintanilla
Angelica Laime
Veronica Mamani
Maria Lazo
Santusa Pinto
Antonia Pajsi
Juana Mamani
Valentina Mamani
Olga Pilco
Germanicia Mamani
Celsa Mamani (not pictured)
Tiburcia Mamani
Irene Calderon (not pictured)
Petronas Fernandez
Veronica Flores
Teodora Pilco
Location: El Alto / La Paz, Bolivia
Activity: Food Production/Sales

About the Loan

Loan Amount: $4,900.00
Loan Use: Capital for the purchase of raw materials
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 10, 2008
Date Disbursed: May 4, 2008
Date Funded:Apr 20, 2008
Loan Ended:Dec 16, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.4627 BOB = 1 USD



The association known as "Yungueñitas" has been part of the ProMujer family for approximately 6 years. They work with the Panamericana branch of the ProMujer organization, located in the Rio Seco zone of the city of El Alto. With their service consultant Ada del Castillo they form a very well organized and tight knit group.

With the association exist a number of economic activities such as carpentry (furniture, doors, picture frames), crafting of sweaters and scarves and sales of raw chicken. Some of the members also have a small store though their principal activity is sales of food they prepare themselves, which they offer in the fairs in the city of El Alto. They offer their clients a variety of delicious Bolivian dishes, such as an exquisite chicharron (deep fried seasoned pork ribs), fricase (a spicey pork stew), chayro (also a tasty stew) and other dishes, particulary traditional dishes.

The majority of the members are married with numerous children. They bring their children to work with them and help their spouses cover the household expenses. Although their children are school age and need to study and have standard comforts in their homes, the women say that the live in small living spaces, that is to say, with an average of 5 people sleeping in the same room.

The Yungueñitas group needs capital for the purchase of raw materials for their businesses, with the objective of growing their businesses and thereby their incomes, so that they will be able to rent places to live that will provide their children with more comfortable environments and better living conditions.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

LA ASOCIACION "YUNGUEÑITAS" YA FORMA PARTE DE LA FAMILIA DE PRO-MUJER HACE SEIS AÑOS APROXIMADAMENTE, TRABAJAN EN EL CENTRO FOCAL PANAMERICANA UBICADO EN LA ZONA DE RIO SECO DE LA CIUDAD DE EL ALTO. JUNTO A SU ASESORA DE SERVICIOS ADA DEL CASTIILO FORMAN UN GRUPO MUY BIEN ORGANIZADO Y UNIDO.



EXISTEN DIFERENTES ACTIVIDADES DENTRO LA ASOCIACION COMO SER: TRABAJOS DE CARPINTERIA ( MUEBLES, PUERTAS, MARCOS), TAMBIEN EL TEJIDO DE CHOMPAS Y CHALINAS, LA VENTA DE POLLO CRUDO, ALGUNA DE ELLAS TAMBIEN CUENTA CON UNA PEQUEÑA TIENDA PERO LA ACTIVIDAD PRINCIPAL ES LA VENTA DE COMIDA PREPARADA POR ELLAS, ESTA LA OFRECEN EN LAS FERIAS DE LA CIUDAD DE EL ALTO, OFRECIENDO A LA CLIENTELA VARIEDAD DE PLATILLOS COMO SER UN EXQUISITO CHICHARRON, FRICASE, CHAYRO Y OTROS PLATILLOS POR LO GENERAL TRADICIONALES.


LA MAYORIA SON CASADAS CON NUMEROSOS HIJOS, LO QUE LES LLEVA A TRABAJAR Y AYUDAR A SUS PAREJAS EN LA ECONOMIA DE SUS HOGARES. PUESTO QUE SUS HIJOS SE ENCUENTRAN EN EDAD ESCOLAR Y NECESITAN ESTUDIAR Y TENER MAYOR COMODIDAD EN SUS CASAS, ELLAS NOS CUENTAN QUE VIVEN EN PEQUEÑOS AMBIENTES, ES DECIR EXISTE UN PROMEDIO DE 5 PERSONAS QUE DUERMEN EN UNA MISMA HABITACION.


EL GRUPO YUNGUEÑITAS NECESITA MAYOR CREDITO PARA LA COMPRA DE MATERIA PRIMA PARA SU NEGOCIO CON EL OBJETIVO DE QUE ESTE CREZCA Y ASI OBTENER MAYORES GANANCIAS, DE ESTA MANERA PODER ALQUILAR AMBIENTES MAS COMODOS PARA SUS HIJOS BRINDANDOLES ASI CONDICIONES DE VIDA.


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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Lenders to this group

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Tom
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David
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Peter
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Rachelle
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Journal entries for Yungueñitas Group


Loan has been disbursed
 
Entrepreneur: Yungueñitas Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to the YUNGUEÑITAS group, consisting of Veronica Flores, Petronas Fernandez, Irene Calderon, Tiburcia Mamani, Celsa Mamani, Germanicia Mamani, Olga Pilco, Valentina Mamani, Juana Mamani, Antonia Pajsi, Teodora Pilco, Santusa Pinto, Maria Lazo, Veronica Mamani, Angelica Laime, Esperanza Quintanilla, Elizabeth Kari, Victoria Lazo by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the next 6 months, Pro Mujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from El Alto / La Paz, Bolivia
May 4, 2008
Comments (3)

Seguimiento
 
Entrepreneur: Yungueñitas Group
Location: El Alto / La Paz, Bolivia

La Asociación Comunal Yungueñitas que pertenece al Centro Focal Panamericana, durante el préstamo obtenido, cumplió con normalidad sus pagos, reuniéndose dos veces al mes, los lunes a las 12:30, capacitándose en un 30% en temas de Fortalecimiento, 20% Salud y 40% en Destrezas en Negocios.

Todas invirtieron en sus negocios, en su mayoría comprando insumos al por mayor y de esta manera rebajar costos y obtener mayores ganancias.

Actualmente esta asociación solicitó un nuevo préstamo.


Posted by Maria Nela Choquehuanca from El Alto / La Paz, Bolivia
Sep 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Yungueñitas Group

  Expected Repayments Actual Repayments Comments
August 2008 $816.67 $817.00 Repayment Received
September 2008 $816.67 $817.00 Repayment Received
October 2008 $816.67 $817.00 Repayment Received
November 2008 $816.67 $817.00 Repayment Received
December 2008 $816.67 $817.00 Repayment Received
January 2009 $816.65 $815.00 Repayment Received