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Siempre Alegres Group
In this Group: Viviana, Angelica Victoria, Julio, Catalina, Francisca, Francisca Jaqueline, Linaria, Monica Virginia, Natividad, Judith Monica
The cooperative association “Always Happy” belongs to the town center of Los Andes. They joined together recently due to the need to access credit that would permit them to improve their businesses. The members have different businesses such as the sale of t-shirts, elastic bands, buttons, detergent, and others dedicate themselves to knitting sweaters and purses. They all need a loan to increase their merchandise, or to buy raw materials such as yarn and rattail cord (thick string). The ladies in this group are characterized by being kind, friendly and happy.
View original language description ↓
La Asociación Comunal “Siempre Alegres” pertenece al Centro Focal “Los Andes”, se agruparon recientemente por la necesidad de acceder a un crédito que les permita mejorar sus negocios. Las integrantes tienen diferentes negocios como la venta poleras, ligas, botones, detergente, otras se dedican al tejido de chompas y cartera. Todas necesitan el préstamo para incrementar su mercadería o la compra de materia prima como la lana y cola de rata (cordel grueso). Además este grupo se caracteriza por ser señoras amables, simpáticas y alegres.

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
  • 237
    View loans »
    Bolivia Loans Fundraising
  • $31,596,875
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Alegres Group's $2,275 loan helped a member to purchase merchandise and raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010