Bolivia Nueva Group
Status: Paid Back
| $4,350.00 | Loan Request | |
|---|---|---|
| $4,350.00 | Paid Back |
About the Group
| Group Name: | Bolivia Nueva Group |
|---|---|
| Group Members: |
Maria Aranda Maria Jarro Mercedes Laura Leonarda Lecoña Elizabeth Lecoña Hortencia Condori Virginia Chavez Reina Jimenez Maria Castro Silvia Guachalla Toribia Marca Genara Ali Miriam Rondo |
| Location: | El Alto / La Paz, Bolivia |
| Activity: | Retail |
About the Loan
| Loan Amount: | $4,350.00 |
|---|---|
| Loan Use: | Purchase additional merchandise to sell |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 18, 2008 |
| Date Disbursed: | Sep 13, 2008 |
| Date Funded: | Aug 30, 2008 |
| Loan Ended: | Apr 17, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Pro Mujer Bolivia |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 28 months |
| Kiva Entrepreneurs: | 5141 |
| Total Loans: | $1,364,050 |
| 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: | 7.1200 BOB = 1 USD |
The main activity of the association is trade and they sell woven wool sweaters, food, natural fruit juices, cosmetics and other items depending on the season - products they can offer at the “16 de Julio” Market in the city of El Alto.
They need capital to increase the amount of merchandise and in that way generate larger incomes for their families.
Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.
En la ciudad de El Alto se encuentra el centro focal de de Alto Lima a éste pertenece, la asociación “Bolivia Nuevar”, integrada por 13 mujeres ansiosas de progresar en sus pequeños negocios.
La mayoría en el grupo son casadas y afirman que necesitan ayudar a sus parejas en la economía del hogar, ya que tienen un promedio de 5 niños y el sueldo de sus esposos no les alcanza para los gastos que tienen en sus hogares. La actividad principal en la asociación es el comercio, venden chompas tejidas en lana, comida, jugos de fruta natural, cosméticos y otros dependiendo de la temporada. Productos que los ofrecen en la feria 16 de julio de la ciudad de El Alto. Ellas precisan capital para incrementar su mercadería de esta manera generar mayores ingresos para sus familias.
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 Bolivia Nueva 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
Sep 14, 2008 |
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Comment on this entry
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Repayment Schedule for Bolivia Nueva Group
Repayment Schedule for Bolivia Nueva Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $725.00 | $725.00 |  Repayment Received
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| January 2009 | $725.00 | $725.00 | Repayment Received
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| February 2009 | $725.00 | $725.00 | Repayment Received
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| March 2009 | $725.00 | $725.00 | Repayment Received
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| April 2009 | $725.00 | $725.00 | Repayment Received
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| May 2009 | $725.00 | $725.00 | Repayment Received
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