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24 De Mayo Group
In this Group: Ricarda, Raquel Giovana, Aurora, Jesús Ignacio, Doris Beatriz, Jimena, Silvia, Irma Lizeth
The community association '24 de Mayo' was recently formed in one of Pro Mujer´s community centres in Villa Tejada. Their president is Ricarda C., 39 years of age, who sells clothes 7 days a week in different markets in the city of El Alto. She works from 3 in the afternoon until 8 at night, and needs this loan to increase her working capital to buy merchandise and other items of clothing for her customers.

The other members of this association have various businesses in the commercial, production and service industries.
View original language description ↓
En uno de los Centros Focales de Pro Mujer, Villa Tejada, recientemente se conformo la Asociación Comunal 24 de Mayo. Su presidenta es Ricarda C. de 39 años, comenta que se dedica a vender ropa de lunes a domingo, en diferentes ferias de la ciudad de El Alto, ofreciendo a diferentes personas, su horario de ventas es de3 de la tarde a 8 de la noche, necesita el préstamo para incrementar su capital de trabajo, comprando mercadería y ofertar variadas prendas de vestir a sus clientes.

Las demás integrantes de esta Asociación tienen variados negocios que se dedican a la comercialización, producción y servicio.

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

  • $5,500
    Average annual income
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 24 De Mayo Group's $2,250 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010