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Grano De Oro Group
In this Group: Angela, Sonia Reyna, Ruth, Feliza, Lucia, Vanesa, Monica Gladys, Ruth
Every two weeks, the Asociación Comunal Grano de Oro (Golden Bean Communal Association) meets in one of Pro Mujer Cascada’s community centers. This will be the Association’s first loan with the Pro Mujer family. Its president is Angela C., age 32, married and the mother of four children.


For two years, Angela has been engaged in making clothing. She has a small workshop in her home, located in the Villa Mercedes section of the city of El Alto.


She needs the loan for the purchase of raw materials and to continue operating her business. The rest of her colleagues have their own sales, service and production businesses. They all need the loan in order to improve their businesses.

View original language description ↓
En uno de los Centros Focales de Pro Mujer, Cascada, se reúne cada dos semanas la Asociación Comunal Grano de Oro, éste será su primer préstamo con la familia de Pro Mujer. Su presidenta es Angela C. de 32 años, casada y madre de cuatro niños.
Angela se dedica a cofeccionar prendas de vestir hace dos años, tiene un pequeño taller en su mismo domicilio, ubicado en la ciudad de El Alto, villa Mercedes.
Necesita el préstamo para la compra de materia prima y seguir operando en su negocio. 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

  • $5,500
    Average annual income
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Grano De Oro Group's $1,250 loan helped a member purchase of raw materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2010
Listed
Jun 19, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010