Perlas De German Buch Group


Status: Paid Back

$4,050.00   Loan Request
$4,050.00   Paid Back

About the Group

Group Name: Perlas De German Buch Group
Group Members: Rosemary Sonco
Gualbertina Quispe
Marina Calderon
Mery Cuellar
Ruth Reyes
Fransisco Quispe
Delia Guerrero
Marcelino Canaviri
Benita Nina
Julia Quispe
Manuela Nina
Location: El Alto / La Paz, Bolivia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $4,050.00
Loan Use: Purchase goods and rent or buy sales posts / necesitan creditos para reforzar su capital de trabajo y tambien poder alquilar puestos en mercados.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 26, 2008
Date Disbursed: Jul 13, 2008
Date Funded:Jun 29, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.1972 BOB = 1 USD



The 11 members of "Germán Busch" form a very united and organized group centralized in the Huayna Potosí area of the city of El Alto, Bolivia. Only eight of the members finished their schooling, the rest of the group sadly learned to read and write only at a very basic level. It has been a dream for them to enroll in a school for adults to finish their education but at the moment they lack the necessary resources to do it. The majority of the members are mainly dedicated to the sale of fruits and vegetables on the distinct city streets of El Alto. With winter here, the prices for these products tend to rise as a result of frosts on the plantations. It's for this reason they needed to reinforce their capital to acquire their goods, which they do every two weeks. They also want to be able to rent or buy sales posts in the city markets to ensure their sales and better preserve their products. In this way they'll be able to increase their earnings and be able to afford going to school and give their families a better quality of life.

Translated from Spanish by Marty Greenstein, Kiva Volunteer



En la ciudad de El Alto, en la zona Huayna Potosí se encuentra el centro focal “Germán Busch” dentro este centro encontramos a la asociación denominada “Perlas de Germán Busch”, 11 miembros forman un grupo muy unido y organizado.
Solo 8 de ellas tiene estudios culminados el resto lamentablemente aprendió a leer y escribir da manera muy básica, siendo un gran sueño él poder entrar a la escuela de adultos para culminar sus estudios que de momento por falta de recursos no pueden hacerlo.
La mayoría de ellas se dedican principalmente a la venta de fruta y verdura en distintos calles de la ciudad del Alto. ahora que el invierno llego, este tipo de productos tiende a subir de precio por las heladas en las plantaciones, Es por eso que necesitan reforzar su capital para la adquisición de estos productos, que lo realizan quincenalmente, además desean poder alquilar o comprar puestos en mercados o tambos de esta ciudad para asegurar las ventas y la conservación de sus productos De esta manera obtener mayores ganancias y con esto poder culminar sus estudios y apoyar a que sus familias tenga una mejor forma 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

Jocelyn
Prevost, Quebec
Canada

Kieran
Columbus, OH
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Tine
Bonn,
Germany

Kandice
Maple Valley, WA
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Kate
New York, NY
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Anonymous
Sydney, New South Wales
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Anonymous
Ottawa, Ontario
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Anonymous
Carmel, IN
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Luke
Parafield Gardens, South Australia
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Chris
Verona, WI
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Sheryl
Prahran, Victoria
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Anonymous
cottonwood, AZ
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fiona
santa cruz, CA
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karen
canon city, CO
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Joshua
Brooklyn, NY
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Shannon
San Francisco, CA
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Jonathan

Norfolk Island

Kellie
Columbia, MD
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Penelope
PORTLAND, OR
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Mike
London, ON
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Moberly School
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Sylvia
Atlanta, GA
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Dan
Burlington, VT
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ShailendarLegacy
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Quizzoid
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George
Laveen, AZ
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Adrienne
IRVINE, CA
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Kakbank
Uppsala,
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Glen
Malta, ID
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Betty
Charlottesville, VA
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Anonymous
Siloam Springs, AR
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Ann Marie
Albuquerque, NM
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Mattie
Seattle, WA
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Peter
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Snuggs
Frankfort, IL
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Minh Yen
Garden Grove, CA
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Andrew
Cheshire, CT
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Cosmin
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Ruy
London, London
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Jill
Lambertville, NJ
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William
miami, FL
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Anonymous
Santa Fe, NM
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wayne
san francisco, CA
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Sharnali
Houston, TX
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Lou & Cathi & Family
De Soto, KS
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In memory of RituRaj
Glen Burnie, MD
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jamie
Long Beach, CA
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Matthew
sisters, OR
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Jacqui
Parkdale, Victoria
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gera
Matteh Yehuda, Israel
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Casper
The Hague, Zuid-Holland
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Lilikoi
El Cajon, CA
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Jim McCafferty
Huntingdon Valley, PA
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Per M
Drammen,
Norway

Damien
Barcelona,
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Dirk L.

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Stephen
Raleigh, North Carolina
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Aubrey Karen Acy Kaylan
Kill Devil Hills, NC
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Ramesh
Mayfield Village, OH
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Paul
Louisville, CO
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Anonymous
Tulsa, OK
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Axel
Ottawa, Ontario
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Kay
Winston Salem, NC
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Kakbank
Göteborg,
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norma
kodiak, AK
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Rik
Nashua, NH
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Ronald
Estelline, SD
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Mahesh
Rolla, MO
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Hermann
Ottawa, Ontario
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Madhvi
Huntington Beach, CA
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Hanne
Lakewood, CO
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Anonymous
TREPT,
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Anonymous
oslo, Oslo
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Anonymous
boulder, CO
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Craig
Sherman, TX
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Jennifer & Donny
Boston, MA
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Nigel
London, England
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Andrew
Jersey City, NJ
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Mary
Laurel, MD
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ellis
kennesaw, GA
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Knut
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Bob & Laura
Grafton, WI
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Alif Khan
Brooklyn, NY
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Pat & Pam
West Orange, NJ
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Adam
greeley, CO
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Vincent
San Jose, California
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Maureen
Newport, RI
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Naved
Newport News, VA
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Karin
Bremen,
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marek
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Ellie
Nuneaton, Warwickshire
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"The Correct Change"
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Anonymous
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Jennifer
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Kevin
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Journal entries for Perlas De German Buch Group


Loan has been disbursed
 
Entrepreneur: Perlas De German Buch Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to the Perlas de German Buch group, consisting of Manuela Nina, Julia Quispe, Benita Nina, Marcelino Canaviri, Delia Guerrero, Fransisco Quispe, Ruth Reyes, Mery Cuellar, Marina Calderon, Gualbertina Quispe, Rosemary Sonco 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
Jul 14, 2008
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Kiva Help Repayment Schedule for Perlas De German Buch Group

  Expected Repayments Actual Repayments Comments
October 2008 $675.00 $675.00 Repayment Received
November 2008 $675.00 $675.00 Repayment Received
December 2008 $675.00 $675.00 Repayment Received
January 2009 $675.00 $675.00 Repayment Received
February 2009 $675.00 $675.00 Repayment Received
March 2009 $675.00 $675.00 Repayment Received