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Jesus Te Ama Group
In this Group: Rosario, Fermina, Antonia, Vicenta, Marcos, Ana María, Filomena Josefina, Rosa, Irma
The central office of German Busch was created seven years ago in the Huayna Potosi zone, in the city of El Alto. The communal association, "Jesus Te Ama," has already had 12 loan cycles (6 years) in this central office. This group is composed of 9 participating adults: 8 women and 1 man, who work alongside a group of 4 young people: 2 girls and 2 boys. The association has different businesses, such as a shoe store, a skirt sewing shop, a hardware store, the sale of toys, auto parts, vegetables, blankets made with vicugna fur, and other general products. In the case of Mrs. Rosario A., of 28 years old, her business is the sale of American toys. She has been developing this business since a year and a half ago thanks to a the invitation of a friend. Her sales are done at the Zona 16 de julio Fair on Thursdays and Sundays, in the morning. She is married and has 3 children (2 girls and 1 boy). What she likes most about Pro Mujer are the changes that the internal loans have and the credits' rapid expenditure.
View original language description ↓

El centro focal de German Busch es un centro focal que ha sido creado hace siete años en la zona de Huayna Potosi – ciudad de El Alto. La asociación comunal “Jesus Te Ama” ya tiene 12 ciclos (6 años) en el centro focal, está compuesto por 9 participantes adultos: 8 mujeres y 1 varón, además trabaja en forma paralela a un grupo de 4 jòvenes: 2 mujeres y 2 varones .

La asociación tienen diferentes negocios como zapatería, costura de polleras pequeñas, venta de juguetes, venta de repuesto para auto, costura de pollera, venta de verdura, venta de manta de vicuña, ferretería y en algunos casos comercio en general.

En el caso de la señora Rosario A., de 28 años de edad, su negocio es la venta de juguetes “americanos”, desarrolla esta actividad desde hace un año y medio gracias a la invitación de una amiga.
Las ventas son realizadas en la zona 16 de Julio, en su Feria de los días Jueves y Domingo, por las mañanas. Está casada y tiene 3 hijos (2 mujeres y 1 varón). Lo que más le gusta de Pro Mujer son los cambios que incluyen el préstamo interno, rapidez en el desembolso de los créditos.

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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,577,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Te Ama Group's $3,550 loan helped a member american toys.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Feb 27, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010