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Chascañawi Group
In this Group: Nancy, Nydia, Nely, Susana Nancy, Adelia, Veronica, Walter, Daria, Janneth*, Ana Jarieli, Basilia, Marisela, Soledad
* not pictured
The “Chascañawi” association gets together every two weeks in the Senkata center in the city of El Alto. To this date, they have 13 members who have demonstrated to be a very organized group in their loan quotas and internal activities.

They have different businesses in the association such as: selling groceries, macramé, sewing, a pastry shop, a blacksmith’s shop, and selling dehydrated potatoes. The Chascañawi association needs loans to buy more products.

View original language description ↓
La asociación denominada “Chascañawi” se reúne cada dos semanas en el centro focal Senkata, ubicado en la ciudad de El Alto, a la fecha cuenta con trece miembros los cuales han demostrado ser un grupo, muy organizado en cuanto a sus cuotas de crédito y actividades internas.
Existen diferentes negocios dentro la asociación, por ejemplo; venta de verduras, tejidos en macramé, Costura, Repostería, Herrería, venta de chuño y tunta (papas deshidratadas). La asociación Chascañawi precisa créditos para comprar mayor cantidad de productos.

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
  • 225
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Chascañawi Group's $4,275 loan helped a member buy Products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010