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Bolivianitas Group
In this Group: Marianela Angelica, Julia Elena, Janet Carminy, Monica Alina, Evelyn, Beatriz, Nayter, Lesli Yesika, Gissel Pamela
The communal association “BOLIVIANITAS” is initiating its third cycle in the focal point of Villa Exaltación. This group consists of nine partners--the oldest partners--and has been with our institution for a year. Heading up the group are the president, treasurer, and secretary.

Maríanela, president, comments that she was invited to form part of the association. Her business is mobile--she works in "Pasanacu" (the Bolivian term for person-to-person lending). Everyday she collects a small sum of money from her customers and then when a certain considerable amount is gathered at the end of a determined time--it could be per week, per two weeks, or per month--the money or provisions are delivered to the winner of the drawing. Eventually the amount of money or provisions rotates around to all her customers. This work permits her to take care of her home and her four children.

As for the rest of the members of "Bolivianitas," they also have their own businesses, such as: provisions commerce, Internet, cheese sales, macrame, cosmetics sales, handicrafts, food sales, and flip flop sales.
View original language description ↓
La asociación comunal “BOLIVIANITAS” está iniciando su tercer ciclo en el Centro Focal de Villa Exaltación. Este grupo consta de nueve socias, las socias más antiguas y tienen un año en nuestra institución; a la cabeza se encuentra la presidenta, tesorera y secretaria de actas.

La señora Maríanela, presidenta de la asociación, comenta que fue invitada para formar parte de la asociación. Su negocio es ambulante, ella trabaja haciendo jugar “Pasanacu”, recoge todos los días un monto de dinero pequeño de sus clientes y luego cuando se reúne una cantidad considerable al término del tiempo establecido, puede ser por semana o por quincena o por mes, se entrega el dinero o víveres al ganador del sorteo y luego cada cierto tiempo el monto de dinero o víveres van rotando entre todos sus clientes. Este trabajo le permite cuidar de su hogar y de sus cuatro hijos.

En relación al resto de los integrantes la A.C. “Bolivianitas” también tienen sus propios negocios, como ser: comercio de víveres, Internet, venta de quesos, macramé, venta de cosméticos y artefactos, artesanía, venta de comida, venta de chinelas.

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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Bolivianitas Group's $2,650 loan helped a member purchase of supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2010
Listed
Aug 26, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011