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Caminando Al Futuro Group
In this Group: Justina, Elvira, Josefa, Modesta, Nicolasa, Adrian, Magdalena Maria, Feliza, Ana Marleny, Pedro, Betty, Juana, Carmela
Justina E. is the president of the Association “Caminado al Futuro” (Walking to the Future), which meets at the Villa Exaltación community center. She and her counterparts are involved in various activities in order to support their families. Victoria currently makes “salchipappas” (a form of fast food consisting of fried potatoes and sausages) and sells them from her neighborhood vending post. The other group members are involved in different activities:


- Ana and Betty sell undergarments.
- Magdalena sells shirts.
- Modesta, Victoria, and Elvira sell vegetables.
- Adrián provides public transportation services.
- Pedro sells belts and gloves as a traveling merchant at the city fairs.


The members of Association “Caminado al Futuro” indicate their loans will be used to strengthen their businesses by acquiring merchandise and supplies.

View original language description ↓
Justina E. es la presidente de la asociación “Caminado al Futuro” del centro Focal Villa Exaltación, ella al igual que muchas de sus compañeras realiza diversas actividades para poder llevar el sustento a su familia, actualmente Victoria elabora salchipapas (comida rápida en base a papas fritas y salchichas) luego vende este producto en un puesto de su barrio. Sus compañeras se dedican a diferentes actividades, Ana y Bethy venden ropa interior,
Magdalena vende camisas, Modesta, Victoria y Elvira venden verduras, Adrián ofrece servicio de transporte publico, Pedro vende cinturones y guantes de forma ambulante en ferias de la ciudad.La asociacion Camianado al Futuro afirma que los créditos que obtengan serán invertidos para reforzar sus negocios, adquiriendo mercadería e insumos.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Caminando Al Futuro Group's $4,450 loan helped a member purchase merchandise & supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010