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Las Canelas Group
In this Group: Florencia, Martha, Marta, Silveria, Hilda, Margarita, Ana Maria, Sonia, Elsa
Florentina M., 28, is a member of the Las Canelas communal bank which, in turn, is a member of the Panamericana focal center. She is from the city of El Alto and she tells us that her girlfriends invited her to join Pro Mujer.

She has been a blanket weaver for over 10 years and she plans to use the requested funds to buy raw materials like wool.

The other members of this communal bank are involved in a variety of commercial activities, such as: quinoa sales, blanket braiding, sale of “aguayos” (colorful cloths used to carry babies).

They all need funds to acquire merchandise, ingredients or raw materials according to each type of business.
View original language description ↓
Florentina M. es integrante de la Asociación Comunal Las Canelas que a su vez pertenece al Centro Focal Panamericana, tiene 28 años y es vecina de la ciudad de El Alto, indica que ingresó a Pro Mujer a invitación de sus amigas.

Ella se dedica a tejer mantas hace más de 10 años y con el préstamo tiene planificado comprar materia prima como la lana.

Las demás integrantes de esta Asociación tienen actividades económicas como: venta de quinua, trenzado de mantas y venta de aguayos (tela colorida que se utiliza para cargar bebes).

Todas necesitan el préstamo para adquirir mercadería, insumos o materia prima, según el negocio que tengan.

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
  • 121
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Canelas Group's $2,325 loan helped a member to buy raw material (wool).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
Apr 30, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010