Flor De Ventiila Group


Status: Paid Back

$3,175.00   Loan Request
$3,175.00   Paid Back

About the Group

Group Name: Flor De Ventiila Group
Group Members: Orfa Ramos (not pictured)
Virginia Gutierrez
Bacilia Carvajal (not pictured)
Luisa Carvajal
Dilma Mamani
Veronica Pinaya
Elga Mamani
Rosa Carvajal
Maritza Morales
Adolfo Escalante
Lucia Posto
Sofia Mamani
Celestina Mamani
Fidelia Condori
Claudia Flores
Location: El Alto / La Paz, Bolivia
Activity: Electronics Sales

About the Loan

Loan Amount: $3,175.00
Loan Use: Additional capital to purchase consumer electronic products
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 6, 2008
Date Disbursed: May 31, 2008
Date Funded:May 17, 2008
Loan Ended:Dec 16, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.4214 BOB = 1 USD



"Flor de Ventilla" Association has been part of the Pro-Mujer (Pro-woman) family for over a year. The association was formed by a group of fifteen responsible working women within the center.

They were mainly engaged in the sale of second-hand American clothing, but due to legal conflicts with the city authorities they had to cease this activity and seek other types of activity. Currently, they are engaged in the buying and selling of consumer electronic equipment (radios, televisions, portable CD players, DVDs, etc.)

To buy these items, they need to travel outside the country, which requires a higher level of funding to purchase the goods and to pay for their traveling expenses. This is an investment, however, that in time will provide more profits and consequently their business will thrive.


Translated from Spanish by MuseAndThinker, Kiva Volunteer



La asociación “flor de ventilla” pertenece a la familia de Pro-Mujer hace mas de un año, grupo formado por 15 personas que trabajan con mucha responsabilidad dentro el centro.
Ellas en gran parte se dedicaban a la venta de ropa americana (usada), pero por conflictos legales con la municipalidad esta actividad quedara vetada por algún tiempo motivo que les llevo a buscar otro tipo de actividad. Ahora intentan dedicarse al comercio de equipos electrónicos ( radios, televisores, discman, dvds y otros, para poder comprar estos artículos necesitan realizar viajes al exterior del país lo que implica solicitar mayores créditos para la compra de estos y pagar sus pasajes de viajes, una inversión que con el tiempo les traerá ganancias y con esto sus negocios prosperaran


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

Gianni
Vigliano Biellese, BI
Italy

Kay
Columbia, MD KivaFriends.org
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Scrooge
Alpine, UT
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Sacramento RPCVs
Sacramento, CA
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The Dunn Family

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muriel
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Anonymous
Ventura, CA
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jag
seattle, WA
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Good Dogg
Front Porch, www.kivafriends.org
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Lydia
Airdrie, Alberta
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Sam Snyder
Lawrence, KS
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Christopher
London,
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Laurent D
Brussels,
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Derek
Chicago, IL
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Seattle Laptop
Seattle, WA
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Audrey
Victoria, British Columbia
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Amnesty14
Montreal, Quebec
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Anonymous
Ozone Park, NY
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Alan
Snohomish, WA
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Korbi
Munich,
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Michael
Lebanon, NJ
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Frank
Albuquerque, NM
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Anonymous

celesttina
Nelson, British Columbia
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Anonymous
Irvine, CA
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Anonymous
ST. PETERS, MO
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Reid Hoffman
Mountain View, CA
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Dana, Donna & Jacob
Weare, NH
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Anne
Los Angeles, CA
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Jim
Centerport, NY
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Stefano
Greensboro, NC
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Nicole
Washington, DC
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Anonymous
Metairie, LA
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Elizabeth
Somerville, MA
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lisa
east norwich, NY
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Leala
Orlando, FL
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Sam
Sarnia, Ontario
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Ben
Vancouver, WA
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Ann

Nancy
Naperville, IL
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Anonymous
Weston-super-Mare, Avon
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Carol & Steve
Cambridge, MA
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Sylvia
Atlanta, GA
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Edward
Castro Valley, CA
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Margaret
Calgary, Alberta
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Lisa
San Francisco, CA
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Dayna
Pinole, CA
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Emilio
Houston, TX
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beverly
harrison, OH
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Amanda
Seoul, Korea
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Annie
Redondo Beach, CA
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Anonymous
Greensboro, NC
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Karen
Wayne, NJ
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Anonymous
Broadway, VA
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Kshitiz & Akanksha
Beverly, MA
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Katja
San Francisco, CA
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Maryann
Narberth, PA
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SCHC
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Ellen
Urbandale, IA
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Your Computer Genius
Portland, Oregon
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Patrice
Brussels,
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Matthew
Brookline, MA
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Jessica
New York, NY
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Doug & Susan
Portland, OR
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Andy+Avi
VASHON, WA
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Reed
Sea Bright, NJ
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Stacey
Nanaimo, British Columbia
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Chris
Crane, IN
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Anonymous

Hansel
Nazareth, PA
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Wendy
RR#1 Centre Burlington, Nova Scotia
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Journal entries for Flor De Ventiila Group


Loan has been disbursed
 
Entrepreneur: Flor De Ventiila Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to the flor de ventiila group, consisting of Claudia Flores, Fidelia Condori, Celestina Mamani, Sofia Mamani, Lucia Posto, Adolfo Escalante, Maritza Morales, Rosa Carvajal, Elga Mamani, Veronica Pinaya, Dilma Mamani, Luisa Carvajal, Bacilia Carvajal, Virginia Gutierrez, Orfa Ramos 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 31, 2008
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Kiva Help Repayment Schedule for Flor De Ventiila Group

  Expected Repayments Actual Repayments Comments
August 2008 $529.17 $530.00 Repayment Received
September 2008 $529.17 $530.00 Repayment Received
October 2008 $529.17 $530.00 Repayment Received
November 2008 $529.17 $530.00 Repayment Received
December 2008 $529.17 $526.00 Repayment Received
January 2009 $529.15 $529.00 Repayment Received