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Corocoreña Group
In this Group: Maria Benita, David, Rosario Paulina, Elizabeth Eugenia, Alicia Martina, Zulema Elizabeth, Noemi Sonia, Julia
The community association 'Las Corocoreñas' is beginning its first loan cycle. The group is composed of eight members and headed by a board of directors. Señora María Benita is president, Señora Elizabeth treasurer, and Señora Rosario secretary.

María Benita sells coca leaves, well-known as natural remedy for ‘soroche’ or altitude sickness, and for stomach ache. She has had this business for twenty years and currently has a stall opposite the Corazón de Cobre market.

This first loan will be used to buy merchandise. The members of the group have a variety of service and commercial businesses: coco leaf selling; neighbourhood store; stall selling pasankalla (type of quinoa), pasta, and tostados; cosmetic and supplies sales; milk products sales; and jewelry store.
View original language description ↓
La asociación comunal “Las Corocoreñas”, es un grupo que está iniciando el ciclo número 1, consta de ocho integrantes, a la cabeza se encuentra la Mesa Directiva que está conformada por la señora María Benita como Presidenta, la señora Elizabeth como Tesorera y la señora Rosario como Secretaria de Actas.

La señora presidenta, tiene como negocio la venta de hojas de coca, conocida medicina natural para el "sorojchi" o mal del altura y para aliviar el dolor de estómago, la señora María Benita cuenta con este negocio desde hace veinte años. Actualmente tiene un puesto fijo de venta al frente del mercado Corazón de Cobre.
Este primer crédito será utilizado para la compra de mercadería.

Las integrantes de la A.C. “Las Corocoreñas” tienen diferentes negocios de servicio y comercio: venta de hojas de coca, tienda de barrio, venta de pasancalla, fideos y tostados, venta de cosméticos y víveres, venta de leche PIL, venta de víveres a cuotas y tienda de joyería.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Corocoreña Group's $2,325 loan helped a member to buy merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2010
Listed
Aug 31, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011