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Primero De Mayo Group
In this Group: Maria Hilda, Josefina*, Frenci, Yola, Eva, Nancy Rosario, Maxima, Sonia, Elisa Cecilia, Adolfo Esteban, Ruth Eunice, Gabriela Anali, Ricarda
* not pictured

In one of the main centers of Pro Mujer, called Villa Tejada, you will find a communal organization called Primero de Mayo. The group consists of 13 members, each of whom runs a business with guidance from an advisor. Hilda C., the president of the group, explained that the group came together recently to apply for the loan to invest in their respective businesses. The members work selling fuel, doing auto repairs, selling shoes, clothing, as well as fruits and vegetables. Each member needs a portion of the loan to invest in merchandise and supplies to offer to their customers.

View original language description ↓
En uno de los Centros Focales de Pro Mujer “Villa Tejada” se encuentra la Asociación Comunal “Primero de Mayo”,con 13 integrantes, trabajan de manera ordenada junto a su asesora. Su presidenta es Hilda C. quien indica que se agruparon recientemente para acceder al préstamo y poder invertir en sus negocios. Todas tienen diferentes negocios como la venta de diesel, zapatillas, repuestos de autos, ropa, jugos, api, medias, zapatos, frutas, polleras y libros. Todas necesitan el préstamo para comprar mercadería y tener productos variados que ofertar a sus clientes.

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
  • 146
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Primero De Mayo Group's $2,675 loan helped a member to purchase merchandise and supplies for their respective businesses.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 29, 2009
Sep 1, 2009
Currency Exchange Loss:
Jan 15, 2010