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Mujeres Del Alba Group
In this Group: Leandra, Lidia, Maria Eugenia, Juana, Modesta, Juana Basilia, Fortunata, Maria Vda. De, Paola Andrea, Victoria, Maria Elena, Alicia De, Fidelia Lola*, Mary Lucy*, Alicia Alejandra Vda. De*
* not pictured
The communal bank MUJERES DEL ALBA is made up of 15 women, the majority of whom live in the Villa Alemania area, an area of the city which has scarce resources. The main characteristic of their houses is that most are made of adobe and are just one storey. The group is led by Leandra, Lidia and Fidelia Lola.

The members of the bank hold their own in a competitive market, selling coffee, clothes, CDs, juices, cosmetics and footwear; assisting customers in the town's stores, making hats and skirts, buying and selling merchandise, running a grocery store, etc. Thanks to years of experience in the business, the competition does not affect their activities very much.

The group need a loan to purchase raw material such as cloth, thread and wool. They are very happy to work with Agrocapital, and are now in their fifth loan cycle. The majority of the group already know each other and have a lot of experience due to having participated in four previous loan cycles. They are a very happy and supportive group.
View original language description ↓
El Banco Comunal denominado MUJERES DEL ALBA, está conformado por quince señores que en su mayoría radican en la Zona Villa Alemania, otra zona de escasos recursos de la ciudad; la característica principal de sus casas, es que son de adobe en gran parte de ellas y tienen solo una planta. La directiva está conformada por la Sra. Leandra, Sra. Lidia y la Sra. Fidelia Lola. Las socias del banco se desempeñan en un mercado competitivo en los rubros de venta de café, venta de ropa, atención de tienda de barrio, venta de Cds, venta de jugos, confección de sombreros y polleras, venta de cosméticos y calzados, compra y venta de mercadería, tienda de abarrotes, etc., pero que gracias a los años de experiencia en el mismo la competencia no afecta mucho al desarrollo de sus actividades. Ellas necesitan el crédito para realizar compras de materia prima tales como telas, hilos y lanas; ellas están muy animadas para trabajar con Agrocapital .Este grupo está emprendiendo su quinto ciclo, la mayoría de ellas ya se conocen entre sí y cuentan con experiencia puesto que participaron durante cuatro ciclos, es un grupo de personas muy alegres y solidarias.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,024,125
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Del Alba Group's $5,000 loan helped a member increase Working Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2009
Listed
Oct 31, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010