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Kory Tawaco Group
In this Group: Julia, Delia Humberlinda, Maria Elena, Emilia, Braulia Gabriela, Reynaldo Betto, Reyna Anabel, Gioseline Noelia, Cielo Julia
The community association 'Kory Tawaco' meet every two weeks in the community center 'Exaltación'. Their president is Julia R. who runs a business knitting woollen jumpers. She began this business when she was young because she really enjoyed knitting. As time went by she converted it into the main source of income for her family. She buys the raw material in la Ceja and sells the finished products from door to door in different areas. When the work builds up her daughter helps her.

Julia is applying for $400 USD and plans to buy wool to stock up on supplies.

The other members of the group are involved in different activities in the commercial, production and service industries.
View original language description ↓
En el Centro Focal Exaltación, se reúnen cada dos semanas la Asociación Comunal Kory Tawaco. Su presidenta es Julia R. que tiene el negocio de tejido de chompas de lana, cuenta que inicio su negocio desde jovencita ya que disfrutaba de tejer, con el pasar del tiempo puedo convertirlo en un negocio que ahora es su principal ingreso para sustentar a su familia, ella compra su materia prima de la Ceja y sus productos terminados los vende ofreciendo de puerta en puerta en diferentes zonas, cuando se le acumula trabajo tiene el apoyo de su hija, Julia está solicitando $us.- 400 y tiene planifido comprar lana para estocarse.
Las demás integrantes de este grupo tienen diferentes actividades que se dedican al comercio, 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

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Kory Tawaco Group's $2,300 loan helped a member purchase of raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2010