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Huaycheñitas Group
In this Group: Francisca, Maria, Marcelina, Benedicta, Anastacia, Yucelin, Vicencia, Elizabeth
The Huaycheñitas Communal Bank meets at the German Busch branch office. It is a group of eight enthusiastic, cheerful people.

The group president is Francisca, who is 34 years old and has had a business selling meals for the past four years. She launched the business on her own initiative. Francisca works in La Ceja neighborhood of the city of El Alto each day from 9am to 3pm. She uses the income from her business to pay for the basic needs of her five children.

She needs this loan to buy ingredients like rice, noodles and potatoes.

The other group members have different businesses in the production, service and commerce sectors.
View original language description ↓
En el Centro Focal German Busch se reúne la Asociación Comunal Huaycheñitas,es un grupo de 8 personas estusiastas y alegres.

La presidenta es Francisca de 34 años tiene el negocio de venta de comida, el cual emprendió por iniciativa propia hace 4 años aproximadamente. Francisca vende en la Ceja de la ciudad de El Alto todos los días de 9 de la mañana a 3 de la tarde. Con los ingresos que se genera puede cubrir las necesitades básicas de sus 5 hijos. Ella necesita el préstamo para comprar insumos como arroz, fideo y papa.

Las demás integrantes de este grupo tienen diferentes negocios que se dedican a la producción, servicio y comercio.

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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Huaycheñitas Group's $1,525 loan helped a member compra de insumos.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 30, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010