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America Latina Group
In this Group: Angelica, Noemi, Jose Julian, Cecilia, Rosmery Ana, Porfirio, Claudia, Catalina, Consuelo, Josefina, Natividad Victoria, Lidia
The “América Latina” (Latin America) group is represented by Angélica and is maD. up of 12 members, who are 10 women and 2 men. They all live in the same neighborhood so they know each other well, are very sociable, friendly, united and cheerful.

Angélica is group president; she’s married and has 4 children. Her husband’s name is Andrés and he’s a barber; he has his barbershop in their home. She sells clothes in the 16 D. Julio market on Tiwanaku D. la Ceja avenue in El Alto; she also sells downtown and goes out to the more distant provinces as well.

The other members are also merchants but in different activities such as: making children’s clothing, clothing sales, brick making. One of the members provides transportation services in his own taxi.

The loan they requested will be used to increase their working capital in each of their businesses. The members have a lot of experience in their work and, despite much competition in the market, the members come up with ways to place or sell their merchandise because the support of their families depends on it.

The members have loans as members of the communal bank and as individuals; they collaborate with a variety of institutions and have much experience. They are enthusiastic about working with us in their first loan cycle.
View original language description ↓
El grupo “America Latina” esta representada por la señora Angelica y conformada por 12 socios, D. los cuales 10 son mujeres y 2 varones ellos viven en la misma zona por lo que se conocen muy bien y son sociables, amistosas, solidarios y alegres. La presidenta la señora Angélica es casada con 4 hijos su esposo se llama Andrés y se dedica a la peluquería en un salón D. belleza en su domicilio propio, la socia se dedica al comercio D. venta D. ropas en las ferias D. 16 D. julio y en la avenida Tiwanaku D. la ceja D. El Alto y también venD. en el interior D. la ciudad saliendo a las provincias mas lejanas. Las demás socias también se dedican al comercio pero en diferentes actividades como la confección D. prendas D. vestir para niños, venta D. ropas, D. ladrillo unas D. los socios es transportista siendo propietario D. un taxi con el que trabaja. El crédito que solicitaron es para el incremento D. su capital D. trabajo y negocios que tienen cada una D. los socios. Las socias tienen mucha experiencia en sus negocios a pesar D. que hay mucha competencia en el mercado, pero los socios se dan sus modos para acomodar o vender su mercadería ya que D. ello depenD. el sustento D. sus familias. Los socios tienen créditos tanto en bancos comunales como en individual y trabajan en diferentes instituciones tienen mucha experiencia y están entusiastas D. trabajar con nosotros en su primer ciclo

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of America Latina Group's $2,850 loan helped a member operational capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010