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Roca Fuerte Group
In this Group: Antonia, Mery Martha, Mercedes, Daniel , Vannia Jhasmin, Rosmery, Fatima, Angela, Patricia, Maria Ximena, Eliana , Beatriz
The association "Roca Fuerte" belongs to the regional hub of Villa Exaltación, in the zone of the same name (in the city of El Alto). The group is made up of twelve members who have proved themselves to be a responsible and united group.
With the majority of the group members married, they have reported that their income is not sufficient to cover the basic needs in their homes. The group's activities are diverse, from the sale of food in the 16 de Julio market (El Alto) to the production of leisure wear and coats, woven jackets, blankets and other items. The association Roca Fuerte wants to increase their production, for this they need capital to purchase the raw materials. They are certain that with this loan they will make a higher profit.
View original language description ↓
En la zona de Villa Exaltación (ciudad de El Alto) se encuentra el centro focal que lleva el mismo nombre, a este pertenece la asociación “Roca fuerte”. El grupo esta formado por doce integrantes los cuales han demostrado ser un grupo responsable y unido.
Casadas en su mayoría, afirman que los ingresos que obtienen no son suficientes para cubrir las necesidades básicas en sus hogares .Diversas son las actividades de este grupo, como ser; venta de comida en la feria 16 de Julio(El Alto), confección de ropa deportiva y chamarras , tejido de chompas , confecciona de mantas y otros. La asociación Roca Fuerte desea ampliar su producción, para esto necesita capital para la compra de materia prima, tienen la seguridad de obtener mayores ganancias.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,644,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Roca Fuerte Group's $3,800 loan helped a member purchase of raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010