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Yanapassiñani Group
In this Group: Elena , Victoria, Eulogia, Hilda Rosa, Victor, Maria, Rose Mary, Yovana Miriam, Natividad, Gladys, Reyna , Francisca
The directive of Village Bank YANAPASIÑANI is maD. up of Mrs. Elena, Hilda Rosa, and Victor. The Bank has twelve components and the majority lie in the Kollipani area in the city of El Alto. The partners mostly engage in work such as retail sales, like the sale of vegetables, cheeses, clothing, small grocery stores and calling centers, some work weaving wool and macramé sweaters. The group is comprised of 80% women.
They need loans in order to raise their work capital, to stock up merchandise and purchase more supplies and materials to produce a more quality and competitive product. The competition they have in the area where they work is accesible to good sales because it is removed from the city center, so most of the revenue goes to support the livelihood of their families. The partners that knit or macramé wool and fabrics have a different market since they do work based on requests and sufficient demand.
The group is entering their fifth cycle, fulfilling all obligations responsibly and in a timely manner. They have sufficient experience within the group, and for this reason the Foundation Agrocapital has confidence in financing them yet again.
View original language description ↓
La directiva del Banco Comunal YANAPASIÑANI esta conformada por la señora Elena, Hilda Rosa y Víctor este Banco tiene doce componentes que en su mayoría radican en la zona D. Kollpani D. la ciudad D. El Alto. Las socias en su mayoría se dedican a actividades comerciales como la venta D. verduras, quesos, venta D. ropa, pequeñas tiendas D. abarrotes y punto D. llamadas, algunas se dedican al tejido D. chompas D. lana y macramé, el grupo esta conformado por un 80% D. mujeres. Ellas necesitan el crédito para aumentar su capital D. trabajo y surtir sus mercaderías así como la compra D. insumos y materiales para un producto D. calida más competitivo. La competencia que tienen por el sector donD. trabajan es accesible para una buena venta por que la zona mencionada esta alejada del centro D. la ciudad, por lo que los ingresos son mayores para el sustento D. sus familias. Las socias que realizan tejidos en lana o macramé tienen un mercado diferente ya que realizan su trabajo a pedido teniendo bastante demanda.
Este grupo ingresa a su quinto ciclo, cumpliendo con responsabilidad y cumpliendo con sus obligaciones puntualmente por lo que cuentan con experiencia suficiente con los grupos solidarios, es por esta razón que la Fundación Agrocapital le brinda la confianza para un nuevo financiamiento.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD