Jahuas Pancarita Group


Status: Paid Back

$3,350.00   Loan Request
$3,350.00   Paid Back

About the Group

Group Name: Jahuas Pancarita Group
Group Members: Delma Torrez
Julia Choquehuanca
Maria Cabezas
Eulogia Limachi
Florencia Marca
Flora Quispe
Gladys Alvares
Maria Ticona (not pictured)
Natalia Calle
Ayda Callisaya
Marcelina Huanca
Nieves Salgado
Location: El Alto / La Paz, Bolivia
Activity: Carpentry

About the Loan

Loan Amount: $3,350.00
Loan Use: They need additional capital for the purchase of raw materials.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 23, 2008
Date Disbursed: Oct 7, 2008
Date Funded:Sep 23, 2008
Loan Ended:May 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0410 BOB = 1 USD



The association named “Jahuas Pankarita” (Water Flowers) works in the focal center of the village of Exaltación, which forms part of the Pro-Mujer family. To date, they have 12 members who have demonstrated how organized and responsible they are with respect to their loan payments and internal activities.



A majority of this group’s members are married and have children, almost all of whom are of school age. All of them count with the economic support of their partners; however, their living expenses are greater than their combined income which is why they must make a great effort to obtain financial stability for their children.



Vending is one of the activities of the Jahuas Pankarita, such as selling vegetables, fruits and cereals. On the other hand, some members dedicate themselves to carpentry and make doors, windows, and tables, among other items.



In general, they work solely on order. They need additional capital to buy raw materials with the goal of producing an inventory of furniture to put on display and in this way obtain greater sales.



Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


La asociación denominada “Jahuas Pankarita” (Flores de Agua) trabaja en el centro focal de Villa Exaltación que forma parte de la familia de Pro-Mujer, a la fecha cuenta con 12 miembros que han demostrado ser muy organizados y responsables en cuanto a sus cuotas de crédito y actividades internas.
Dentro el grupo la mayoría son casadas y con hijos, casi todos en edad escolar, todas ellas económicamente, cuentan con el apoyo de sus parejas, pero los gastos que tienen en sus hogares son mayores a los ingresos de ambos por lo que deben esforzarse más en conseguir estabilidad económica para sus hijos.
El comercio es una de las actividades de la asociación Jahuas Pankatita, como ser la venta de verdura, fruta, cereales, por otra parte también algunas socias se dedican a la carpintería, realizan puertas, ventanas, mesas, entre otros.
Por lo general trabajan a pedido solamente. Necesitan mayor capital para la compra de materia prima, con el fin de producir un stok de muebles para exponerlos y así obtener mayores ventas.


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 Jahuas Pancarita Group


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

Thank you for your loan. It has been disbursed to the Jahuas Pancarita group, consisting of Nieves Salgado, Marcelina Huanca, Ayda Callisaya, Natalia Calle, Maria Ticona, Gladys Alvares, Flora Quispe, Florencia Marca, Eulogia Limachi, Maria Cabezas, Julia Choquehuanca, Delma Torrez 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
Oct 7, 2008
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Seguimiento
 
Entrepreneur: Jahuas Pancarita Group
Location: El Alto / La Paz, Bolivia

La asociación "Jahuas Pancarita", culmino ciclo de forma responsable, pago sus cuotas puntualmente, consiguieron generar mayores ganancias, que les permitio ahorrar para cubrir los alquileres y gastos domesticos que tienen en sus hogares. Se reunen en el centro focal Villa Exaltacion los lunes a las 12:30. Este grupo continua trabajando junto a Pro-Mujer.


Posted by Cinthia Jaliri Salguero from El Alto / La Paz, Bolivia
Nov 16, 2009
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Kiva Help Repayment Schedule for Jahuas Pancarita Group

  Expected Repayments Actual Repayments Comments
January 2009 $558.33 $558.33 Repayment Received
February 2009 $558.33 $558.33 Repayment Received
March 2009 $558.33 $558.33 Repayment Received
April 2009 $558.33 $558.33 Repayment Received
May 2009 $558.33 $558.33 Repayment Received
June 2009 $558.35 $558.35 Repayment Received