Las Conquistadoras Group


Status: Paid Back

$1,800.00   Loan Request
$1,800.00   Paid Back

About the Group

Group Name: Las Conquistadoras Group
Group Members: Juana Cossi
Elemna Huallpara (not pictured)
Deysi Mamani
Rita Paco
Julia Flores
Monica Mamani
Carmen Ayguasi
Erika Alanoca
Nelida Lanza
Cilia Poma
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $1,800.00
Loan Use: Require working capital to purchase products and supplies wholesale.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 22, 2008
Date Disbursed: Nov 5, 2008
Date Funded:Oct 22, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0092 BOB = 1 USD



In the region of Villa Adela, in the area bearing the same name, there is an association named "Las Conquistadoras". They are a very happy group of ten women that hae been working together for the past year. The occupations held by "Las Conquistadoras" are of all sorts: one runs a pharmacy, others knit shawls, others sell hair styling products, bags, and aprons, among others.



They have stated that they require working capital to purchase their products and supplies in wholesale, so to expand their businesses and to improve their earnings.




Translated from Spanish by Erika Lindig, Kiva Volunteer


En la zona de villa Adela, se encuentra ubicado el centro focal del mismo nombre, a este pertenece la asociación “Las conquistadoras” Un grupo muy simpático y particular formado por diez mujeres, trabajan de manera organizada hace un año. Las actividades que realiza la asociación Las Conquistadoras, son de todo tipo, una de ellas tiene una farmacia, otras realizan tejidos de chompas, también se dedican a venta de accesorios para el cabello, venta de maletines, venta de mandiles , entre otros.
Afirman que necesitan mayor capital para la compra de productos al por mayor, para poder ampliar sus negocios y generar 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 Las Conquistadoras Group


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

Thank you for your loan. It has been disbursed to the Las conquistadoras group, consisting of Cilia Poma, Nelida Lanza, Erika Alanoca, Carmen Ayguasi, Monica Mamani, Julia Flores, Rita Paco, Deysi Mamani, Elemna Huallpara, Juana Cossi 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
Nov 6, 2008
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Kiva Help Repayment Schedule for Las Conquistadoras Group

  Expected Repayments Actual Repayments Comments
February 2009 $300.00 $300.00 Repayment Received
March 2009 $300.00 $300.00 Repayment Received
April 2009 $300.00 $300.00 Repayment Received
May 2009 $300.00 $300.00 Repayment Received
June 2009 $300.00 $299.99 Repayment Received
July 2009 $300.00 $300.01 Repayment Received