Bella Vista Group
Status: Paid Back
| $3,625.00 | Loan Request | |
|---|---|---|
| $3,625.00 | Paid Back |
About the Group
| Group Name: | Bella Vista Group |
|---|---|
| Group Members: |
Mari Cruz Mamani Elizabeth Colquehuanca (not pictured) Elizabeth Chambi Beatriz Colquehuanca (not pictured) Marina Calle Maritza Mu Oz Magaly Mo Oz Teodora Mamani Emma Saire Patricia Lopez Cristina Luna Ana Laura Flora Ticona Matilde Quispe Ana Maiz (not pictured) Mercedes Maiz Lourdes Chavez |
| Location: | El Alto / La Paz, Bolivia |
| Activity: | Textiles |
About the Loan
| Loan Amount: | $3,625.00 |
|---|---|
| Loan Use: | Require more capital for the purchase of raw materials |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 10, 2008 |
| Date Disbursed: | May 25, 2008 |
| Date Funded: | May 11, 2008 |
| Loan Ended: | Dec 16, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Pro Mujer Bolivia |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 28 months |
| Kiva Entrepreneurs: | 5177 |
| Total Loans: | $1,370,875 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Bolivia |
|---|---|
| Avg Annual Income: | $2,817.00 |
| Currency: | Bolivia Bolivianos (BOB) |
| Exchange Rate: | 7.4214 BOB = 1 USD |
Seventeen women constitute part of the Bella Vista Association, which belongs to the main Los Andes Group. The Los Andes Group has worked in partnership with Pro-Mujer for the last eight years and it has always complied with the terms of the loans granted to it.
Almost all the children confirm that the financial support of their families is basically the responsibility of their mothers since, unfortunately, most of the women were abandoned by their husbands, forcing them to become heads of their households.
Handicraft is the main activity of the group and original garments woven in Alpaca wool are in great demand by their customers. In addition, members of the association also produce quilts, blankets, scarves, etc. They need more capital to buy raw materials for making more products and to enable them to export these products.
Translated from Spanish by MuseAndThinker, Kiva Volunteer
17 mujeres forman parte de la asociación Bella Vista que pertenece al centro focal Los Andes que trabaja junto a Pro-Mujer hace ocho años, demostrando siempre cumplimiento en cuanto a sus créditos.
Casi todas hijos afirman que la economia de sus hogares depende basicamente de ellas ya que lamentablemente a la mayor parte de ellas sus esposos las abandonaron teniendo que ser jefes de familia.
La artesanía es la actividad principal del grupo, originales prendas tejidas en lana de alpaca son la mayor atracción para sus compradores,, además también producen mantas, mantillas, chalinas y otros. Necesitan mayor capital para la compra de materia prima para, realizar mayores productos y poderlos distribuir al exterior.
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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Journal entries for Bella Vista Group
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Loan has been disbursed
Location: El Alto / La Paz, Bolivia
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Posted by
from El Alto / La Paz, Bolivia
May 25, 2008 |
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Comment on this entry
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Seguimiento
Location: El Alto / La Paz, Bolivia
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Posted by
Maria Nela Choquehuanca from El Alto / La Paz, Bolivia
Sep 21, 2009 |
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Comment on this entry
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Repayment Schedule for Bella Vista Group
Repayment Schedule for Bella Vista Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2008 | $604.17 | $605.00 |  Repayment Received
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| September 2008 | $604.17 | $605.00 | Repayment Received
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| October 2008 | $604.17 | $605.00 | Repayment Received
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| November 2008 | $604.17 | $605.00 | Repayment Received
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| December 2008 | $604.17 | $601.00 | Repayment Received
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| January 2009 | $604.15 | $604.00 | Repayment Received
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