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25 De Julio Group
In this Group: Agustina, Concepcion, Severina, Marcelina, Hilaria, Felisa, Ana Maria, Lucia, Amalia, Virginia Patricia, Wilma Veronica
When Concepción M. got married she learned how to weave rugs from her husband. This business enabled her four children to get ahead. She has a small shop in her house. When she has enough products her husband sells them in the city of La Paz.

She now needs a new loan to buy wool, thread, and yarn. These are the raw materials she uses to make the rugs. She has worked with Pro Mujer for approximately seven years. Above all, she likes the consultation services that they offer.

The other members of the 25 de Julio group, which belongs to the German Busch community center, also have businesses like making “polleras” (skirts), weaving articles of clothing, working in a bookstore, and selling toys and clothes. They need the loan to buy raw material and merchandise.
View original language description ↓
Concepción M. cuando se casó, aprendió de su esposo el tejer alfombras, negocio con el cual sacaron adelante a sus 4 hijos, ella tiene su pequeño taller en casa y cuando tienen suficientes productos su esposo los vende en la ciudad de La Paz, ahora necesita un nuevo préstamo para comprar lana, hilacha e hilo, materia prima con los cuales confeccionan las alfombras, ella trabaja con Pro Mujer hace 7 años aproximadamente y le gusta sobre todo la atención que brindan en el consultorio.
Las demás integrantes del grupo 25 de Julio que a su vez pertenece al Centro Focal German Busch, también tienen sus negocios como la costura de polleras (faldas), el tejido de prendas de vestir, atención de librería, venta de juguetes y ropa. Necesitan el préstamo para comprar materia prima y 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

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 25 De Julio Group's $4,250 loan helped a member buy merchandise and raw material.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010