Sartawi Group

The partners of the group "Sartawi" are represented by Mrs. María Victoria and thirteen partners, four male and the rest female, friends and neighbors from the same area. Most of them are dedicated to the sale of garments, chickens, and spare parts for vehicles at the central market of the town of El Alto. There is always competition related to selling products, especially selling garments as they have to be adequate for the season and in style not to lose clients. The loan will be spent on increasing the amount of merchandise and change it for products fit for summer and raincoats for the rainy season, products that are most popular among the clients. The partners are experienced with solidarity groups as they have participated within Fundación Agrocapital in other groups and they know how it works as well as the required responsibility to repay punctually and reach the objective to improve and increase their income so that their children may have a better education and a better life quality.

Translated from Spanish by Lene Struck Christensen, Kiva Volunteer

Los miembros del grupo "Sartawi " están representados por la señora María Victoria y por trece miembros de los cuales cuatro son varones y el resto mujeres, son amigos y vecinos del mismo barrio. En su mayoría se dedican a la venta de prendas de vestir, pollos y repuesto para vehículos en el mercado central de la ciudad de El Alto. Dentro del rubro de ventas de producto siempre existe la competencia y en especial con el comercio de ropa en la cual se debe tener productos acordes a al época y a la moda para no perder clientela. El destino del financiamiento es para incrementar su mercadería y cambiarla por productos de verano e impermeables para la época de lluvias que es lo que mas busca el cliente exigente. Los socios (as) tiene experiencia con grupos solidarios debido a su participación dentro de la Fundación agrocapital en otros grupos por lo que conocen la modalidad de trabajo así como la responsabilidad que se requiere para cumplir con los pagos y lograr el objetivo de mejora e incrementar sus ingresos para que sus hijos tengan una mejor educación y una mejor calidad de vida.


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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