Primero De Julio Group

Status: Paying Back

$2,900
Loan Request
Pre-Disbursed : Sep 29, 2009
Listed: Nov 1, 2009
Funded: Nov 27, 2009
50% repaid

About the Country

Country:Bolivia
Avg Annual Income:$2,817
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD


In this Group:
MARINA MAXIMA APAZA CALLE , MARCELINA CHACON , MARIA DEL ROSARIO APAZA VINO , INES CUTIPA MAMANI , MONICA MARTHA MAMANI CUPITICONA , CARMELA CALLE APAZA , SATURNINA FRANCISCA CALLISAYA POMA , LOURDES APAZA CALLE , LUCY APAZA CALLE , CARMEN MACHACA FLORES , TEREZA CHOQUE LOPEZ , DELIA DORIS APAZA VINO , JOSE LUIS CASTAÑETA MAMANI , FANY ARACELI PACO CHACON

About the Loan

Location: La Paz / El Alto, Bolivia   Repayment Term: 8 months
(more info)
Activity: Retail   Repayment Schedule: Monthly
Loan Use: Buy merchandise and raw material   Currency Exchange Loss: Covered
      Default Protection: Covered
Marina Máxima Apaza is president of the Primero de Julio Group, which belongs to the Collpani community center. She leads the meetings, and everyone makes their internal rules. All of the members have diverse economic activities like selling vegetables, tending a neighborhood store, selling dried food, sweets, meat, chickens, and selling balanced food.

One clear example is Carmen Machaca. She is 42 and has five children. She sells animal food in the 16 de Julio fair. She has worked with Pro Mujer for approximately one and a half years. During this time she has been able to get ahead in her business. With her first loan she bought merchandise and a cart to transport her merchandise.

She now needs a loan to buy more merchandise like bran, corn mash, and yellow flour.

All of them need the loan to buy merchandise and raw material.



Translated from Spanish by Ginny Kalish, Kiva Volunteer


Marina Máxima Apaza presidenta del grupo “1ro de Julio”, que pertenece al Centro Focal “Collpani”, lleva adelante su reunión y entre todas elaboran el reglamente interno. Todas sus integrantes tienen diversas actividades económicas como la venta de verduras, atención de tienda de barrio, venta de alimentos secos, dulces, carne, pollos y venta de alimento balanceado. Un ejemplo claro es Carmen Machaca de 42 años, madre de 5 hijos, se dedica a vender alimento para animales, en la feria 16 de Julio y trabaja con Pro Mujer hace 1 ½ aproximadamente, durante este tiempo ha podido sacar adelante su negocio, ya que con el primer préstamo se ha comprado se ha comprado mercadería y carrito para trasladar su mercadería. Ahora necesita el préstamo para comprar mayor mercadería, como afrecho, afrechillo, frangollo y harina amarilla. Todas ellas necesitan el préstamo para comprar mercadería y materia prima.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

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Matt
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Good Dogg
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Laurent D
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Jillian
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Diane R
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Ty
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Marina
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HTBedlow
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ellen
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David & Margaret
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paul
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Helen
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Eric
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Joost
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Will
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Jamie and John
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Stephanie
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Mary Lee
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Jouko
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Steve&Connie
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ElkoJohn
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Silje
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Jamie
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Julie
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Pierre
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Jim
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Penny and Robin
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Liliane
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Sally
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Richard
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Annette
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Anonymous
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Whitney
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Chet7896
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John
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Tom
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Maria
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Mary
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Ingrid
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Vladimir
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Joseph
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Songling
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Gerlinde
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Kevin
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Christina + Frank
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lisa
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Jack & Lora
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Marianne
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Wendy
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Paul
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Gary & Shelly
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Sharon
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Christian
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Barry
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Philip
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Richard
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Lindsay
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Lee & Bernie
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Danny
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Jamshed
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greg
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Nelson Family
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Brian
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Laurence
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Gilberto
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Britt-Marie
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Journal entries for Primero De Julio Group


Loan to MARINA MAXIMA APAZA CALLE
MARCELINA CHACON
MARIA DEL ROSARIO APAZA VINO
INES CUTIPA MAMANI
MONICA MARTHA MAMANI CUPITICONA
CARMELA CALLE APAZA
SATURNINA FRANCISCA CALLISAYA POMA
LOURDES APAZA CALLE
LUCY
 
Entrepreneur: Primero De Julio Group
Location: La Paz / El Alto, Bolivia

Thanks to you and 106 other Kiva Lenders, the 2900.00 loan requested by MARINA MAXIMA APAZA CALLE
MARCELINA CHACON
MARIA DEL ROSARIO APAZA VINO
INES CUTIPA MAMANI
MONICA MARTHA MAMANI CUPITICONA
CARMELA CALLE APAZA
SATURNINA FRANCISCA CALLISAYA POMA
LOURDES APAZA CALLE
LUCY APAZA CALLE
CARMEN MACHACA FLORES
TEREZA CHOQUE LOPEZ
DELIA DORIS APAZA VINO
JOSE LUIS CASTAÑETA MAMANI
FANY ARACELI PACO CHACON in Bolivia has been 100% funded. The loan will be used for the purpose of: Buy merchandise and raw material.

Over the months of this loan, Kiva’s Field Partner in Bolivia, Pro Mujer Bolivia, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz / El Alto, Bolivia
Nov 27, 2009
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Kiva Help Repayment Schedule for Primero De Julio Group

  Expected Repayments Actual Repayments Comments
January 2010 $580.00 $580.00 Repayment Received
February 2010 $870.00 $870.00 Repayment Received
March 2010 $580.00 Available Mar 1  
April 2010 $580.00 Available Apr 1  
May 2010 $290.00 Available May 1