Rosales Group


Status: Paid Back

$2,750.00   Loan Request
$2,750.00   Paid Back

About the Group

Group Name: Rosales Group
Group Members: Mabel Chavez (not pictured)
Teresa Quispe
Rita Montes
Victoria Choque
Jovana Velasquez
Rosemary Paredes
Julia Condori
Natividad Ramos
Modesto Yujra
Roxana Lindaura (not pictured)
Seferina Garcia
Fabiola Alpiri
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $2,750.00
Loan Use: Purchase and/or rent permanent stands in the city's markets
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 16, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008
Loan Ended:Apr 17, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0800 BOB = 1 USD



In the city of El Alto, the “Rosales” Association works in the Senkata Center. It is made up of 12 people that perform their duties with much determination. The group carries out different activities like the sale of CDs, cosmetics and clothing and they are also seamstresses. Within the association they know each other really well – they are partners and solidly united. Nowadays, the majority of the women sell their products in the streets with the help of their families. Rosa, for example, works alongside her father. They live in an area very far away and return each night to their home. It’s a little dangerous and for that reason her father accompanies her and always takes care of her.


The “Rosales” Association wants additional credit to be able to purchase or rent permanent stands in the main markets and/or fairs in the city where they will have guaranteed sales and make more money.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.



En la ciudad de El Alto, en el centro focal de Senkata trabaja la asociación “Rosales” formado por 12 personas que realizan sus actividades con mucho empeño. El grupo tiene diferentes actividades algunas se dedican a la venta de Cds ,venta de cosmeticos, venta de ropa, también son costureras . Dentro la asociación todos se conocen muy bien, son compañeros y solidarios. Actualmente, la mayoría de ellas realiza sus ventas de manera ambulante con la ayuda de su familia, Ross por ejemplo trabaja al lado de su padre, ellos viven en una zona muy alejada y retornar por la noche a su casa es un tanto peligroso .por eso su papa la acompaña y cuida siempre.
La asociación Rosales quiere mayor crédito para poder comprar o alquilar puestos fijos en principales mercados y/o ferias de la ciudad con lo que tendrían ventas seguras y generarían mayores ingresos.


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 Rosales Group


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

Thank you for your loan. It has been disbursed to the Rosales group, consisting of Fabiola Alpiri, Seferina Garcia, Roxana Lindaura, Modesto Yujra, Natividad Ramos, Julia Condori, Rosemary Paredes, Jovana Velasquez, Victoria Choque, Rita Montes, Teresa Quispe, Mabel Chavez 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
Sep 13, 2008
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Kiva Help Repayment Schedule for Rosales Group

  Expected Repayments Actual Repayments Comments
December 2008 $458.33 $459.00 Repayment Received
January 2009 $458.33 $457.67 Repayment Received
February 2009 $458.33 $458.33 Repayment Received
March 2009 $458.33 $458.33 Repayment Received
April 2009 $458.33 $458.33 Repayment Received
May 2009 $458.35 $458.34 Repayment Received