Copo De Nieve Group


Status: Paid Back

$2,725.00   Loan Request
$2,725.00   Paid Back

About the Group

Group Name: Copo De Nieve Group
Group Members: JOSEFINA CASTILLO
MANUELA AJATA (not pictured)
CARMEN MAMANI
RAYMUNDA MAMANI
IMELDA ABASTO
TERESA GUTIERREZ
SANTUSA AJATA (not pictured)
MODESTA MAMANI
DIONICIA MAMANI
YOLA FLORES
MARGUI CHARCA
JULIO MAMANI
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $2,725.00
Loan Use: Buy merchandise bulk
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 20, 2008
Date Disbursed: Dec 12, 2008
Date Funded:Dec 27, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0551 BOB = 1 USD



The "Copo de Nieve" (snowflake) association has been part ot the "Pro-mujer" family for about 2 years. It has had 5 loans to date. It is located in the Villa Exaltación area of the city of El Alto.


Its 12 active members have proven themselves capable of meeting their repayment schedules promptly. There are a number of different businesses within the association: production and sale of food, sewing garments, and the sale of fruit and vegetables, mainly in the street.


The "Copo de Nieve" association says it needs more capital to buy larger amounts of merchandise so as to increase earnings and thus improve its members' economic situation.

Translated from Spanish by John Rynne, Kiva Volunteer


La asociación denominada “Copo de nieve” pertenece a la familia de pro-mujer hace dos años aproximadamente, cumpliendo con 5 ciclos de crédito, esta se encuentra en la zona de Villa Exaltación, de la ciudad de El Alto, a la fecha cuenta con 12 miembros activos y han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Existen diferentes negocios dentro la asociación como ser; la elaboración y venta de comida, costura de variedad de prendas, además de la venta de fruta, también la venta de verduras, casi todas realizan sus ventas de forma ambulante.
La asociación copo de nieve, afirma que necesitan mayor capital para la compra de mercadería en mayor cantidad, de esta manera aumentaran sus ganancias con el único objetivo de mejorar su situación económica.



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

Elisabeth & Martin
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Sergio
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Anonymous

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gail
Mesa, AZ
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Roger & Janet
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Snak
Markham, Ontario
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Bjorn
Stockholm,
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Laurent D
Brussels,
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Vernon Flynn
London, London
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Michele Bartoli
Amsterdam, Noord Holland
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Gilles
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Deimos Employees
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Suzanne
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Rasmus
Stockholm, SE
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Louise
Capitola, CA
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glenn
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Alicia
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Lydia
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Bryan
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Bob
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Judith
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Rob
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Elizabeth
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Brian
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The Kolb Family Fund
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Mirja & Arnd
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Andy
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David G
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Michael
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Luke
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Randy and Mardelle
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Lenkner
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Linda
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Roger & Carol
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Jorge
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Robert
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Jaci
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Dave & Marilyn & Family
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Tami
Mississauga, Ontario
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Anonymous
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giving back and tithing
worcester, MA
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Anonymous
Missouri City, Texas
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Alec
Boston, MA
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Charles
Madison, WI
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dborquezm
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Michael
Oakland, CA
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Knut
Eidsvåg i Åsane,
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Tom
Norwich, VT
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Ruth
Toronto, Ontario
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Robert
Montreal,
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Anonymous

Olivia
Richmond, VA
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Pam
Denver, CO
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Peter
Carbondale, CO
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Anonymous
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Anonymous

maria leonor
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Journal entries for Copo De Nieve Group


Loan has been disbursed
 
Entrepreneur: Copo De Nieve Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to the JOSEFINA CASTILLO group, consisting of JOSEFINA CASTILLO, MANUELA AJATA, CARMEN MAMANI, RAYMUNDA MAMANI, IMELDA ABASTO, TERESA GUTIERREZ, SANTUSA AJATA, MODESTA MAMANI, DIONICIA MAMANI, YOLA FLORES, MARGUI CHARCA, JULIO MAMANI by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, 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
Dec 28, 2008
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Kiva Help Repayment Schedule for Copo De Nieve Group

  Expected Repayments Actual Repayments Comments
March 2009 $743.19 $743.19 Repayment Received
April 2009 $495.46 $495.46 Repayment Received
May 2009 $495.46 $495.46 Repayment Received
June 2009 $495.46 $495.44 Repayment Received
July 2009 $495.43 $495.45 Repayment Received