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Progreso Group
In this Group: Susana Angela, Elizabeth, Margarita, Alicia Mery, Rita Maria, Luisa, Gregoria, Nimfa, Victoria Martha, Lucy, Antonia, Eli
Many are the business activities that the members of the Progreso Group, a branch of the Panamericana headquarters, partake in. All of the members work with the hopes of giving their families a better quality of life. One of the members is Susana M., a married mother of three who helps to support the household by weaving blankets, a skill that she learned in school. She would like to purchase vicuna wool so that she can weave blankets out of this material because her customers prefer it. Susana has a stand at the 16 de Julio Market, but she also sells her products at Ceja Avenida Tihuanaku.


The rest of the group members sell footwear, fries, dried foods, vegetables, or other goods.

View original language description ↓
Diversos son las actividades económicas de las integrantes del grupo Progreso, que pertenece al Centro Focal Panamericana y todas trabajan con la esperanza de dar una mejor calidad de vida a sus familias. Una de ellas es Susana M., casada y madre de 3 niños, ayuda en los ingresos de su familia tejiendo mantas, una habilidad que aprendió en el colegio, desea comprar lana de vicuña para luego tejer mantas de este material ya que es muy apreciado por sus clientas. Susana tiene su lugar de venta en la feria 16 de Julio y también ofrece sus productos en la Ceja Avenida Tihuanaku.
Al igual que Susana sus compañeras tienen sus negocios como la venta de zapatos, papa frita, alimentos secos, verduras y otros.


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
  • 137
    View loans »
    Bolivia Loans Fundraising
  • $30,362,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Progreso Group's $1,850 loan helped a member purchase raw materials and merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010