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Retamitas Group
In this Group: Angélica, Alicia, Casilda, Lucia Ines, Cristhian Rodrigo, Lourdes Ruth, Rona, Rosario
The Communal Bank “Retamitas” meets at one of the Community Centers of Pro Mujer, Santiago II. Their president is Angélica M.. She is 43, married, and has five children.

She sells groceries (rice, noodles, sugar). She has her own store set up in her house. She sells from six in the morning until ten at night. Her children help her.

She now needs a loan to buy rice, sugar, diapers, and liquor.

The rest of her colleagues also have their own businesses of selling, providing services, and production. All of them need the loan to improve their businesses.
View original language description ↓
En uno de los Centros Focales de Pro Mujer, Santiago II, se reúne la Asociación Comunal Retamitas. Su presidenta es Angélica M. de 43 años, casada y madre de cinco niños, ella se dedica al comercio de abarrotes (arroz, fideo, azúcar), tiene su propia tienda instalada en su domicilio, vende desde las 6 de la mañana a 10 de la noche, cuenta con el apoyo de sus hijos. Ahora necesita el préstamo para comprar arroz, fideo, pañales y licores. Sus demás compañeras también cuentan con negocios propios de comercio, servicio y producción. Todas necesitan el préstamo para mejorar sus negocios.

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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Retamitas Group's $2,125 loan helped a member buy merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010