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17 De Octubre Group
In this Group: Petrona, Hermogena, Carmela*, Lizet Miriam, Damiana, Mery Dionicia, Freddy Ceferino, Silvia Eugenia, Maria, Adela, Juana
* not pictured
In one of the central offices of “Pro Mujer Panamericana”, the 11 members of the communal association "17 Octubre" met.

One of the members, and also the president, is Petronila A.. She is 49 years old and the administrator of a neighborhood store located within her home. She has owned this business for the past 15 years. The store has given her the income to cover the family expenses for her 3 children. Petronila requires the loan in order to acquire merchandise, specifically calling cards.

The women members of this group have a variety of businesses: selling fish, knitting mittens, repairing bicycles, sewing articles of clothing, knitting blankets, making bread, selling shoes and selling clothing. They need the loan in order to acquire merchandise or raw materials according to which business they have.
View original language description ↓

En uno de los Centros Focales de Pro Mujer Panamericana, se reúne la Asociación Comunal 17 OCTUBRE, con 11 integrantes
Una de las integrantes y presidenta es Petronila A., de 49 años administra una tienda de barrio en su domicilio, cuenta con éste negocio hace 15 años el mismo le ha generado ingresos para cubrir los gastos de su familia ya que cuenta con 3 hijos, Petronila necesita el préstamo para adquirir mercadería, específicamente tarjetas para llamadas.
Las demás integrantes de éste grupo cuentan con diversos negocios como la venta de pescado, tejido de manoplas, taller de bicicletas, costura de prendas de vestir, tejido de mantas, elaboración de pan, venta de zapatos y venta de ropa, 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
  • 129
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 17 De Octubre Group's $2,375 loan helped a member to buy merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2010
Listed
May 26, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010