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Alternativa Group
In this Group: Francisca, Felipa, Lucrecia, Evaristo, Margarita, Elva, Martha, Hortencia, Asunta, Modesta
Alternativa is a group made up of 9 women and 1 man. They meet every two weeks at the Los Andes Communal Bank. They have been associated with the Pro Mujer family for the past 12 years. They have different lines of work which range from weaving clothing, to baking bread, to making furniture, clothing sales, bags, and sales of prepared meals. They need financing to increase their working capital, some to buy merchandise, others to get work supplies. Since they are long-standing clients, they like to come to the health center for general check-ups, specifically the Papanicolau test. They also bring their children in for weight and height monitoring.
View original language description ↓

Alternativa un grupo de 9 mujeres y 1 varón se reúnen cada dos semanas en el Centro Focal Los Andes, trabajan con la familia de Pro Mujer hace aproximadamente 12 años. Cuentan con diferentes negocios que van desde el tejido de prendas de vestir, elaboración de pan, producción de muebles, comercio de ropa, bolsas y venta de comida. Necesitan el préstamo para incrementar su capital de trabajo, algunos comprando mercadería otras adquiriendo material de trabajo.
Como son socias o clientas antiguas les gusta asitir al consultorio para hacerse un examen general, específicamente el Papanicolau, tambien llevar a sus hijos para el control de peso y talla.


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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alternativa Group's $3,800 loan helped a member to buy work material and merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010