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17 De Agosto Group
In this Group: Julia, Getrudes, Sofía, Severina, Maria, Yola, Rosario, Lidia, Martha Celia, Ana María, Yoselin Magdalena
Julia C., 65, knits sweaters, mittens and other items generating income that way but now wants to change occupation. She plans to start selling prepared meals with help from her daughter and needs funds to buy ingredients.

The other group members have various businesses like the sale of artifacts, jewelry, clothing, meat, cosmetics and beverages.

They all need funds to acquire merchandise, ingredients or raw materials.

They meet every two weeks at Los Andes Focal Center.
View original language description ↓
Tejido de prendas de vestir como chompas, manoplas y otros es el negocio al cual se dedicaba la señora Julia C. que a sus 65 años sigue generando ingresos, ahora desea cambiar de negocio, tiene planificado vender comida con ayuda de su hija y necesita el préstamo para comprar insumos.
Las demás integrantes tienen variados negocios como la venta de artefactos, joyas, ropa, carne, cosméticos, y refrescos.
Todas necesitan el préstamo para adquirir mercadería, insumos o materia prima.
Ellas se reúnen cada dos semanas en el Centro Focal Los Andes.

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
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 17 De Agosto Group's $3,675 loan helped a member to buy ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 9, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010