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Jerusalen Group
In this Group: Leonora, Bacilia, Simona Hilaria, Helena Aurora, Lorenza, Sonia Susana, Elizabeth, Ubaldina*, Maria Eugenia, Victor Hugo, Ines, Maria Luisa, Sandra, Raquel
* not pictured
In the city of El Alto, the town center Santiago II is located within a district of the same name. This district was settled by relocated miners about fifteen years ago. Many of these immigrants now work with the Pro-Mujer organization, within which a group of fourteen women formed an association called “Jerusalén.” To date, they have fulfilled repayment for 26 loan cycles. They have various lines of business: sale of used clothing, fabric for making blankets, Barrio shops, shoe sales, meat shops, food preparation and sales, library, and tailoring, among others. The Jerusalén association needs additional capital for its businesses, and requests a loan to purchase merchandise, thereby increasing business security with higher earnings.
View original language description ↓
En la ciudad de El Alto se encuentra el centro focal Santiago II, ubicado en la zona del mismo nombre. Esta zona se caracteriza por ser asentada hace quince años aproximadamente por mineros relocalizados, muchos de estos emigrantes ahora trabajan junto a Pro-Mujer, formaron la asociación “Jerusalén” integrada por catorce socias, cumpliendo a la fecha 26 ciclos de crédito. Ellas tienen diferentes negocios como ser; venta de ropa usada, tejido de mantas, tiendas de Barrio, venta de zapatos, carnicerías, venta y elaboración de comida, librería, sastrería y otros. La asociación Jerusalén afirma que necesita inyectar capital a sus negocios, para esto solicitan créditos para la compra de mercadería, tienen la seguridad de obtener mayores 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

  • $2,817
    Average annual income
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Jerusalen Group's $4,800 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2009
Listed
Jul 7, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009