Check out some available loans that are similar to this one!
Wiphala Group
In this Group: Margarita, Julia, Miguel Angel, Rosio Ana, Antonieta, Maria Luisa, Gaby Flora, Miriam Doritza, Ayde Susan, Danitza Ruth, Marisabel, Margarita, Rosario , Flor Rosa
The Wiphala group is comprised of women who came together under the leadership of Margarita R., their current group president, six months ago. Margarita states that she decided to form this group and request a loan out of the need to earn a living.


Most of the group members have small businesses, such as a sporting apparel factory, making masitas (pastries), weaving, and other businesses. They will use this loan to purchase fabric, flour, and wool (depending on what type of business they have).

View original language description ↓
La asociación comunal Wipala en un grupo de mujeres, que fueron conformadas hace seis meses atrás por la señora Margarita rodrigues, quien actualmente es la presidenta, ella indica que por la necesidad de obtener ingresos se animo a formar un grupo y así poder acceder a un préstamo.
La mayoría de las integrantes tienen negocios pequeños como ser costura de deportivos, elaboración de masitas, tejidos y otros. Ellas destinaran el préstamo a la compra de tela, harina y lana (dependiendo del caso).

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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,889,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Wiphala Group's $3,775 loan helped a member purchase raw materials and supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2009
Listed
Jun 16, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009