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Suma Pacha Group
In this Group: Gladys Claudia, Juana, Donata, Agustina, Maria Francisca, Juana Aracely, Jaime, Sirley Patricia, Maria Luz
Donata M., 53, started selling soft-drinks 13 years ago. Through much effort she managed to secure a spot to sell in La Ceja (main commercial thoroughfare) in the city of El Alto where she works four days a week from 9:30-16:00 hours. She has 7 children 6 of which are independent; she only has one minor left at home who is dependent on her. Donata loves selling and this is her only source of income. She needs financing to buy kisa (dehydrated peach), an ingredient used to prepare juices; she wants to buy a quintal (a weight measure equal to 46 kilos.) Donata likes the training sessions that Pro Mujer imparts because they are an opportunity to learn; she also appreciates the health services they offer. Her fellow members, like Donata, have different economic activities like the sale of lamb meat, laundry sevices, sale of beauty accessories, transportation, watch sales, and prepared meal sales. They all need financing to increase their working capital.
View original language description ↓

Donata M. de 53 años hace 13 años emprendió el negocio de venta de frescos/gaseosas, con mucho esfuerzo logro tener un lugar de venta en la Ceja de la Ciudad de El Alto, donde vende cuatro días a la semana desde las 9:30 hasta la 16:00, ella tiene 7 hijos 6 de los cuales son independientes y solamente la menor está a cargo de ella. A Donata le gusta vender y es la única fuente de ingreso por lo que ahora necesita el préstamo para comprar la kisa (durazno seco) insumo con el cual prepara los frescos, quiere comprar un kintal. A Donata le agrada la capacitación que se imparte en Pro Mujer porque es una oportunidad para aprender, también la atención que brindan en Salud. Sus compañeras al igual que Donata tienen actividades económicas diversas como la venta de carne de cordero, limpieza de ropa, venta de accesorios de belleza, transporte, venta de reloj y venta de comida. Todas necesitan el préstamo para incrementar capital de trabajo a sus negocios.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Suma Pacha Group's $2,175 loan helped a member working capital increase.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010