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Tika Llajta Group
In this Group: Margot, Graciela, Melvy Carmen, Alejandra*, Adela, Maria Lucett, Fernando Santos, Vilma, Isabel Nelly, Jesus, Angelica*, Silvia Janeth
* not pictured
The members of the group “Tika Llajta” are represented by Mrs. Margot, and the group is maD. up of 12 members, who pursue different activities like selling drinks in liquor stores, taking care of Internet cafés, selling glassware, producing handicrafts, selling cosmetics, running grocery stores in the neighborhood, making cakes, and providing cleaning and decorative painting services. Because of the competition in their work setting, the members of the group fight every day to be able to meet the needs of their families. This loan will be used to buy merchandise to increase their sales of cosmetics, glassware, and groceries, to buy supplies to make higher-quality products, and for tools to help them work more efficiently, since these sources of income contribute to their households’ income. They want to offer their families a better quality of life. Most of the members of the group are familiar with solidary groups and know that they must have unity, honesty and responsibility, not only with the institution, but also with the other group members.
View original language description ↓
Los miembros del grupo “Tikallajta” esta representado por la señora Margot y conformada por 12 miembros los cuales tienen diferentes actividades como la venta D. bebidas en licorerías, atención en cafés Internet, venta D. cristalería, artesanías, cosméticos, abarrotes en tiendas D. barrio, elaboración D. masitas y al servicio D. limpieza y pintura decorativa para casas. Pese a la existencia D. la competencia en su ambiente laboral los miembros del grupo luchan cada día para poder brindar a sus familias el pan D. cada día. El destino del financiamiento es para la adquisición D. mercadería para incrementar más sus ventas D. cosméticos, cristalerías abarrotes, insumos para la elaboración D. productos D. mayor calidad, y herramientas que ayuD. a la realización mas eficiente D. sus fuentes D. ingreso que representa el ingreso D. sus hogares a los cuales desean brindar una mejor calidad D. vida. Una mayoría D. los miembros del grupo tiene conocimiento D. la modalidad D. grupos solidarios y saben que se debe tener unidad, honestidad y responsabilidad no solo con la institución sino con los miembros del grupo.

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
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Tika Llajta Group's $3,375 loan helped a member capital for their businesses.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Aug 12, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010