Check out some available loans that are similar to this one!
Yungueñitas Group
In this Group: Verónica Angelica, Victoria, Adelaida*, Regina, Valentina, Juana Wilma, Milka Shirley, Graciela
* not pictured
The Panamerican Focal Center is a center that has found it way to the city of Copacabana. At this very center the “Yungueñitas” communal association has renewed its credit. This group has eight members, it is beginning its seventeenth cycle. Its most long-standing members have been in our institution for around 8 years; at its head is the president Verónica.

Verónica mentions that she is a founding member, because she is from the first cycle of the Association's operation. Her business is diverse, as she has a business selling pork crackling and another selling clothes, her younger sister helps her look after her customers. The sales are made at the different markets of El Alto, in the areas: "16 de Julio" (Thursday and Sunday), "Rio Seco" and "la Ceja" the other days. Her first loan was for $us100.- and she used it to buy material for work, for this new cycle she is asking for Bs.3000.- for the purchase of merchandise. This effort allows her, together with her husband, to raise their five children.

Regarding the other members of the “Yungueñitas” association they also have their own businesses in service, production and business.
View original language description ↓
El Centro Focal de Panamericana es un centro que se encuentra camino a la ciudad de Copacabana. En el mismo ha renovado crédito la asociación comunal de “Yungueñitas”, este grupo consta de ocho socias, está iniciando su décimo séptimo ciclo, es decir que las socias más antiguas están alrededor de 8 años en nuestra institución; a la cabeza se encuentre la señora Verónica como presidenta.

La señora Verónica comenta que es una fundadora, por que se encuentra desde el primer ciclo de funcionamiento de la Asociación. Su negocio está diversificado, pues tiene un negocio de venta de chicharrón y otro de venta de ropa, su hermanita le ayuda con la atención de los clientes. Las ventas son realizadas en las diferentes ferias de El Alto, en las zonas de 16 de Julio (jueves y domingo), Rio Seco y la Ceja los otros días. Su primer crédito fue de $us100.- y le sirvió para comprar material de trabajo, para este nuevo ciclo está solicitando Bs.3000.- para la compra de mercadería. Este esfuerzo es el que le permite, junto a su esposo, criar a sus cinco hijos.

En relación al resto de los integrantes la A.C. “Yungueñitas” también tienen sus propios negocios en servicio, producción 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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Yungueñitas Group's $2,325 loan helped a member purchase clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011