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Sajama 1 Group
In this Group: Paulina, Julia Rosmeri, Juana Flora, Pamela, Nancy, Martha, Cristina , Andrea Venancia, Jimena, Adela, Vicenta, Celenia
The members of Sajama named their group after the part of town where they live, which is characterized by single-story adobe homes. Since these women all live in the same part of town, they know each other pretty well. They are excited to be taking out their very first loan and are looking forward to the growth of their businesses over the next few months.

The board members of this group are strong and responsible leaders who make sure that their members come to meetings on time, make all of their payments, and work well together.

The majority of the members in this group work in the clothing sector; they sew and knit shawls and jackets from sheep and llama wool, and they buy and sell commercial clothing. Other members sell bread, cake, cheese, chicken, vegetables, and gift items.

They need a loan to buy more materials like cloth, wool and yarn to make clothing, and also to buy more commercial products to sell at their stands. With more inventory, it will be much easier for these women to attract clients, and the higher profits will enable them to make their lives better.

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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $28,245,800
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sajama 1 Group's $2,400 loan helped a member to buy material for production and to buy products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2009