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Minervas Group
In this Group: Juana, Hilda, Maxima, Elizabeth, Olivia, Vistoria, Sofia, Laura, Marisol, Sandra Zenobia, Lia Noemi, Teresa, Eugenia, Pamela , Elizabeth
The communal association “Minervas” finds its focal center in Alto Lima, in the city El Alto in La Paz, Bolivia. Minervas is comprised of 15 women who have worked alongside the Kiva field partner Pro-Mujer (For Women) for the past five years.

This group has different businesses. They are dedicated to making sweaters, creating curtains, cooking meals, serving tea, selling luggage, and selling sweets via ambulatory kiosks. Now they state that they need credit in order to purchase raw materials and / or products in bulk in order to increase their sales. This will ensure that they can generate more revenue.
View original language description ↓
En la ciudad de el alto se encuentra ubicado el centro focal Alto Lima a este pertenece la asociación “Minervas”, formado por quince mujeres, trabajan junto a la familia de Pro Mujer hace cinco años.
Este grupo tiene diferentes negocios, se dedican al tejido de chompas,confecion de cortinas,elaboracion de comida, servicio de te, venta de maletas, venta de dulces en kioscos y de forma ambulante. Ahora Afirman que necesitan de créditos para comprar materia prima y/o productos en mayor cantidad, para ampliar sus ventas, tienen la seguridad que generaran mejores ganancias

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

  • $5,500
    Average annual income
  • 226
    View loans »
    Bolivia Loans Fundraising
  • $31,556,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Minervas Group's $4,125 loan helped a member to purchase raw materials and/or products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
May 31, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009