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Rubi Group
In this Group: Isabel, Maria Teresa, Judith Saida, Irma Lucy, Miriam, Elizabeth Francisca, Carmen, Jenni Miriam, Julia, Yda Rosa, Luisa Janeth, Silvia Wendy, Ronald*
* not pictured
The Rubi Communal Bank meets in one of the Pro Mujer community centers, Collpani, every two weeks. They are in their eighth cycle. Led by their president, Isabel I., they make their own rules.

They have their own businesses like selling food, meat, books, jute, and cosmetics. Some also have grocery stores. They need a loan to buy supplies and merchandise, which will allow them to generate greater income and be able to cover their families’ basic needs.

That is the case for Wendy C. who is 24. She sells meat at different fairs in the city of El Alto. She needs to buy merchandise.
View original language description ↓

En uno de los Centros Focales de Pro Mujer, Collpani, se reunen cada dos semanas la Asociación Comunal Rubi y estan en el ciclo 8, liderizadas por su presidenta Isabel I., elaboran su reglamento interno.
Ellas tienen sus propios negocios como la venta de comida, carne, libros, yutes, cosméticos y tienda de barrio. Necesitan el préstamo para comprar insumos y mercadería que les permita generar mayores ingresos y poder cubrir las necesidades básicas de sus familias. Es el caso de Wendy C. de 24 años, vende carne en diferentes ferias de la ciudad de El Alto, y requiere comprar mercadería.

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
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rubi Group's $3,350 loan helped a member buy supplies and merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010