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Agua De La Vida Group
In this Group: Veronica, Froilan*, Margarita, Alicia, Juan Jose*, Rosmery, Susy, Lourdes, Alejandro, Martha, Emma, Mayerlin
* not pictured
The association named “Life Water” has been part of the Pro-Mujer family for approximately ten years; it belongs to the main center Los Andes, located in the city of El Alto. Currently it includes twelve members and they have shown to be an organized group when it comes to their loan payments and internal activities.
The founder of the group is Susi Díaz; she created this group with friends and family. Within the group the majority of the members are married women with children, almost all school aged and also university students. The group’s businesses are diverse, for example, Verónica dedicates herself to the sale of clothing for babies, Susi makes and sells food, Martha has a bookstore, Juan José is a mechanic, Alejandro offers Internet services, and Alicia sells CDs in markets in the city. They need capital to purchase wholesale merchandise to improve their earnings and fulfill their obligations to their families.
View original language description ↓
La asociación denominada “Agua De La Vida” forma parte de la familia de Pro-Mujer hace diez años aproximadamente, pertenece al centro focal Los Andes, ubicado en la ciudad de El Alto, a la fecha cuenta con doce miembros y han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito y actividades internas.
La fundadora del grupo es Susi Díaz, ella formo este grupo con amigos y familiares. Dentro el grupo la mayoría son casadas y con hijos, casi todos en edad escolar y también universitarios, diversos son los negocios de este grupo, por ejemplo Verónica se dedica a la venta de ropa para bebes, Susi elabora y vende comida, Martha tienen una librería, Juan José es mecánico, Alejandro ofrece servicio de Internet, Alicia vende CDs en ferias de la ciudad. Necesitan capital para realizar compras de mercadería al por mayor para mejorar sus ganancias y cumplir con las obligaciones que tienen con sus familias.

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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Agua De La Vida Group's $3,075 loan helped a member to purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2009
Listed
Jun 15, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009