Cielo Group


Status: Paid Back

$3,000.00   Loan Request
$3,000.00   Paid Back

About the Group

Group Name: Cielo Group
Group Members: Fernando Gutierrez (not pictured)
Betty Flores
Gladys Yapu
Cintia Bravo
Filomena Rada
Norka Claure
Emilia Chabarria (not pictured)
Ana Fernandez
Feliza Suares
America Garcia
Ivlin Alfaro
Patricia Guerrero
Blanca Chabarria
Location: El Alto / La Paz, Bolivia
Activity: Embroidery

About the Loan

Loan Amount: $3,000.00
Loan Use: They need capital to share amongst themselves and to take professional courses. necesitan capital para comtartar pérsonal y para acceder a cursos profesionales
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 30, 2008
Date Disbursed: Jun 14, 2008
Date Funded:May 31, 2008
Loan Ended:Jan 19, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.2550 BOB = 1 USD



The main activity of the group "Sky" is making hand embroidered clothes, purses and folk disguises. They work with Pro-Mujer and take on much responsibility. They have already finalized the work that people have ordered, art work for stores, and folk disguises for fairs in the city of "La Paz."


The dream of the association is to export their products to the interior and exterior of the country. In order to do this, they need better credit to replenish their capital for work and be able to hire personnel to help them in the business. They already have orders that demand manual labor and much time and they will train these new employees in order to ensure the quality of their products. In this way, they will achieve better economic and personal status for the benefit of their homes.


This story has been translated from Spanish to English by Nikita Ramchandani, KIVA Volunteer.



El bordado a mano de carteras, monederos y disfraces folklóricos es la principal actividad de la asociación “Cielo”, que trabaja junto a Pro-Mujer con mucha responsabilidad.
Ya finalizados sus trabajos los venden a pedido, en tiendas de artesanía, tiendas de disfraces folklóricos y ferias de la ciudad de La Paz.
El sueño que la asociación, es el de exportar sus productos al interior y exterior del país. Para esto necesitan mayores créditos para reforzar su capital de trabajo y poder contratar personal que les ayude en este negocio ya que al ser una producción manual demanda mucho tiempo además de acceder a capacitaciones donde aprendan a promocionar sus productos de manera mas calificada. De esta manera logran crecimiento personal y económico, para el bien de sus hogares.


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

Natasha
Melbourne
Australia

denise & mark
Golf, IL
United States

John
Regina, Saskatchewan
Canada

Douglas
Dhahran,
Saudi Arabia

Anonymous
Boise, ID
United States

Laurent D
Brussels,
Belgium

Emily's Family
Santa Barbara, CA
United States

Anonymous
Long Beach, CA
United States

Leo Leo
Edmonton, Alberta
Canada

Sonia
Montreal, Quebec
Canada

stevenj
Ferndale, MI
United States

Christopher
Moscow, ID
United States

Suzanne
Lansdale, PA
United States

Mark Jeremy
Baytown, TX
United States

Heather and Zac
Carrboro, NC
United States

Warren
Chicago, IL
United States

Michael & Judy
Upper Beaconsfield, Victoria
Australia

Simon
Lyngby,
Denmark

Christa
Eberbach,
Germany

Kathryn
Brooklyn, NY
United States

Danny and SW
Singapore,
Singapore

Lorna & Critters
Kanata, Ontario
Canada

Carolyn
Toronto, Ontario
Canada

investorblogger
Tamsui Town, Taipei County
Taiwan

rooruu
Blue Mountains,
Australia

Dwight
Denver, CO
United States

james
central, SC
United States

Andrea and Eric
Lisboa, Portugal
Portugal

Louis-Eric Simard
Montreal, Quebec
Canada

Anonymous

Rick
KivaFriends.org, Ch'tn, PEI
Canada

vasanthi
palos heights, IL
United States

Emily
Madison, WI
United States

Andrés
Corrales, NM
United States

Virginia
Kingston, WA
United States

Rebecca
Alexandria, MN
United States

Pete
Flower Mound, TX
United States

Jeanne
Asheville, NC
United States

Paula
St. Catharines, Ontario
Canada

Joeboy
Park Island,
India

Russ
Mountain View, CA
United States

Pam
Seattle, WA
United States

Bruce
ARLINGTON, TN
United States

Curtis
Carlsbad, CA
United States

Deborah
Brooklyn, NY
United States

Kit and Jen
Bloomfield, NJ
United States

Gary
Duvall, WA
United States

Anonymous
New York, NY
United States

Craig
Edison, NJ
United States

billnewcomer.com
Vancouver, WA
United States

Eric
Portland, OR
United States

Dan & Janice
Athens, GA
United States

Anudeva and Hanna
Maui, Hawaii
United States

Krishna
Nashua, NH
United States

Jennifer
University Place, WA
United States

ShafferFamilyFoundation
Miami Beach, FL
United States

Tammy
Beaverton, OR
United States

Holm Girls
Lomita, CA
United States

Jennifer
Eden Prairie, MN
United States

Claus-Peter
www.kivafriends.org,
Germany

Aleeza
Saint Louis, MO
United States

Betty
Charlotte, NC
United States

Anonymous
Fairfax, VA
United States

Cathleen
Pensacola, FL
United States

kathe
Oakland, CA
United States

Laurie
Seattle, WA, kivafriends.org
United States

Stephane
Paris,
France

Sam
Laguna Niguel, CA
United States

Susan
Kerrville, TX
United States

Jane
Penzance, Cornwall
United Kingdom

Terix Computer Service
Sunnyvale, CA
United States

George
Framingham, MA
United States

Carol
Altamonte Springs, FL
United States

Alanna Jo
FLORIDA
United States

Nancy
Rohnert Park, CA
United States

Anonymous
Providence, RI
United States

Costa Dafoulas
East Greenwich, RI
United States

Aurelia
Champéry, Valais
Switzerland

Jeffrey
Cortlandt Manor, NY
United States

Jim
Austin, TX
United States

Holly
Houston, TX
United States

Carolyn
Westminster, CA
United States

Anonymous
sunnyvale, CA
United States

Steph & Amy
Scottsdale, AZ
United States

Scott
Emeryville, CA
United States

Michael
Quincy, MA
United States

Kathleen
Astoria, NY
United States

Tom
Atlanta, GA
United States

Amy
Berkeley, CA
United States



Journal entries for Cielo Group


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

Thank you for your loan. It has been disbursed to the Cielo group, consisting of Blanca Chabarria, Patricia Guerrero, Ivlin Alfaro, America Garcia, Feliza Suares, Ana Fernandez, Emilia Chabarria, Norka Claure, Filomena Rada, Cintia Bravo, Gladys Yapu, Betty Flores, Fernando Gutierrez 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
Jun 15, 2008
Comments (4)

Kiva Help Repayment Schedule for Cielo Group

  Expected Repayments Actual Repayments Comments
September 2008 $500.00 $500.00 Repayment Received
October 2008 $500.00 $500.00 Repayment Received
November 2008 $500.00 $500.00 Repayment Received
December 2008 $500.00 $500.00 Repayment Received
January 2009 $500.00 $500.00 Repayment Received
February 2009 $500.00 $500.00 Repayment Received