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Amigas Por Siempre (Friends Forever) Group
In this Group: Aurelia, Marina, Margarita, Albertina , Basilia, Rosmery, Eugenia, Juana Gloria, Delfina, Blanca, Aurora, Betty, Constancia, Patricia
The "Friends Forever" Association has fourteen members, and it was founded approximately three years ago. Marina C. is one of the first members. She was there when the group was founded by inviting neighbors and acquaintances from the Los Andes zone. She remembers that in spite of the fact that the members lived close to the same area, they didn't have very much social contact. However, through attendance at their group meetings, they have become a very united and happy group.

The group members work at different activities, including the sale of vegetables, shoes, and decorations. However, the main activity of the group is based on clothing. They make skirts, kitchen aprons, pants, and blouses. They also weave blankets and sweaters. Then, they sell their products in stands and stores in the city. They want to expand their production, and for this they need capital to purchase raw material so they will have the certainty of earning better profits.
View original language description ↓
La asociación “amigas por Siempre” está formada por catorce integrantes, nace aproximadamente hace tres años, Marina C. es una de las mas antiguas, cuenta que el grupo se conformo invitando a vecinas y conocidas de la zona Los Andes, ella recuerda que a pesar que las socias vivían cerca la misma zona no tenían mucho trato social, pero a medida que asistieron a las reuniones lograron formar un grupo muy unido y alegre.
Este grupo se dedica a diferentes actividades como ser: venta de verduras, zapatos, adornos, pero la actividad principal de este grupo esta basado en la ropa, realizan confecciones de polleras, mandiles de cocina, pantalones, blusas, también realizan tejidos de mantas y chompas.Luego comercializan sus productos en puestos y tiendas de la ciudad. Desean aumentar su produccion, para esto necesitan capital para comprar materia prima, tienen la seguridad de obtener 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

  • $2,817
    Average annual income
  • 115
    View loans »
    Bolivia Loans Fundraising
  • $29,167,650
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigas Por Siempre (Friends Forever) Group's $4,175 loan helped a member purchase of raw material.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2009
Listed
Jul 10, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009