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Villa Ingavi Group
In this Group: Virginia, Bernabe, Florencia, Jesusa, Elvira, Margarita, Aida, Irene Susana, Juana
The central office of German Busch is located in an area far from the city centre of El Alto. The Villa Ingavi Association works out of this office and is made up of nine women. The women who have belonged to the association the longest have already completed 15 loan cycles (eight and a half years). They have a variety of businesses: selling fruit, llama meat, hat making, food sales, skirt weaving, poncho and macrame sales, juice selling, and clothing sales.

29-year old señora Virginia Q. has been a member for six years. She is friendly, a little shy, and says that she is married and the baby she is holding is her fifth child. Virginia has an internet games store located in the Villa Ingenio neighbourhood near her house. She needs a loan to buy more video cards which are used in the computers. Her first loan was for Bs.800, and this time she is asking for Bs.1,500.

In the photo seven of the women can be seen, and Virginia Q. is the one getting her baby to go to sleep. Señora Florencia Q. isn’t in the photo because when it was taken, she was a long way from the site chosen and couldn’t get there because of painful feet.
View original language description ↓
El centro focal de German Busch se encuentra en una zona alejada del centro de la ciudad de El Alto. En centro focal se encuentra la asociación Villa Ingavi, la misma que está conformada por 9 mujeres. Las socias más antiguas ya tienen 15 ciclos (ocho años y medio) formando parte de la asociación. Los negocios que tienen son: venta de fruta, venta de carne de llama, artesanía de sombreros, venta de comida, Tejedora de Enaguas, Venta de Mantas y macramé, venta de jugos y comerciante de ropa.
La señora Virginia Q., con 29 años de edad ya tiene 6 años como socia, de carácter amable, algo tímida, refiere que está casada y que el bebé que tiene en brazos es el quinto hijo. Su negocio es una tienda de Juegos en Red, está hubicado en la Zona de Villa Ingenio, cerca de su domicilio. Ella indica que necesita el crédito para comprar más Tarjetas de Video que se utilizan en las máquinas. Su primer crédito fue de Bs. 800.- y para este crédito su solicitud es de Bs. 1500.-.

En la foto se observan a siete de las socias y a la señora Virginia Q. en el momento de hacer dormir a su bebé, la señora Florencia Q. no salió en la foto por que se encontraba sentada lejos del lugar elejido para la foto y no podía moverse por que su pie le dolía.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Ingavi Group's $2,375 loan helped a member video cards.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011