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Ñustas Group
In this Group: Eliseo Santos, Fedelia, Rufina Wilma, Delia, Demetria, Florencia, Zenobia, Gloria, Nolberta, Janette, Tomasina, Abigail, Agustina
The Ñustas (Incan Princesses) communal bank is part of the Santiago II focal center; they have been organized for about three years and wish to stay together for a very long time still.

One of the members is Santos Eliseo A., 32. He recycles furniture, stoves, bottles, etc. When an article isn’t too damaged, Eliseo repairs it. In other cases, he sells them to other merchants. He needs funds to buy more recyclables.

The other group members have various commercial activities; such as: neighborhood grocery store, clothing sales, public transportation, seamstress services, quinoa juice sales, vegetable sales, locksmith services and wool sales.

All the members need funds to strengthen and improve their businesses.
View original language description ↓

En el Centro Focal Santiago II, se encuentra la Asociación Comunal Ñustas, están juntas hace 3 años aproximadamente y desean estar juntas por mucho tiempo.

Uno de los integrantes es Santos Eliseo A. de 32 años, se dedica a reciclar muebles, cosinas, botellas y otros. Eliseo cuando un bien no esta muy dañado lo repara para venderlo, en otros casos los vende a otros negociantes, en esta oportunidad él necesita el préstamo para comprar mayor chatarra.

Las demás integrantes de éste grupo tienen diversos negocios como la atención de una tienda de barrio, venta de ropa, transporte, costura de prendas de vestir, venta de jugo de quinua, venta de verduras, cerrajería y venta de lana.

Todas necesitan el préstamo para fortalecer y mejorar 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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñustas Group's $4,025 loan helped a member to buy recyclable items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2010
Listed
Apr 25, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010