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Future Of La Cascada Group
In this Group: Bertha, Felix, Constantina, Reynalda, Andrea, Luz Miriam, Elena, Gregoria, Eva, Francisca, Angelica, Eustaquia, Viviana
In the Cascada area of El Alto city you will find the Cascada center, and the "Future of La Cascada" association belongs to that center. The group is made up of thirteen members, who have been working together for approximately seven years as part of the Pro-Mujer family.

The association has independent businesses, as follows: sales of vegetables, clothing production, food preparation, sales of stockings and lingerie, sales of fruit, and neighborhood grocery stores. They now need capital because they want to increase their sales. In order to accomplish this they need to purchase greater quantities of merchandise.
View original language description ↓
En la ciudad de El Alto, en la zona Cascada se encuentra ubicado el centro focal que lleva el mismo nombre, a este pertenece la asociación “Porvenir De La Cascada”, grupo formado por trece miembros los cuales trabajan hace siete años aproximadamente junto a la familia de Pro-Mujer.
La asociación tiene negocios independientes, siendo los siguientes; Venta de verdura, confección de ropa, elaboración de comida, venta de medias y ropa intima, venta de frutas, otras tienen tiendas de barrio. Ahora necesitan capital porque desean ampliar sus ventas, para esto necesitan comprar mercadería en mayor cantidad.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Future Of La Cascada Group's $4,000 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010