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Amistad Eterna Group
In this Group: Juana, Maria, Casimira, Natalia, Bernarda Barbara, Netcy Edilma, Aurora, Virginia Yola, Beatriz Regina, Candida Raquel
The "Amistad Eterna" (Eternal Friendship) Communal Bank is preparing to start their third cycle. The group is comprised of ten women. The group has elected its governing board; the president, treasurer, and secretary. Juana, the president, has been with the bank for three cycles. Her current business is selling vegetables. She started on her own initiative. Her loans have served to buy merchandise, which she buys from wholesalers in the outskirts of El Alto. She sells the merchandise for retail prices in different fairs in the city of El Alto. One of her daughter helps her sell vegetables. When asked what she likes about Pro Mujer, Juana said "the training".

The other members of the communal bank also have their own businesses, which are selling various things, selling "chuño" (dehydrated potatoes), selling potatoes, selling soft drinks, a chicken business, selling cleaning products, selling groceries, selling lottery tickets, selling room and board services, and other activities.
View original language description ↓
La asociación comunal “Amistad Eterna” están organizándose para iniciar el ciclo número tres. El grupo está compuesto por diez mujeres, de este grupo se ha elejido la mesa directiva: presidenta, tesorera y secretaria de actas.

La señora Juana, con tres ciclos en la asociación es la presidenta de la asociación. Actualmente su negocio es la venta de verduras y fue iniciado por iniciativa propia.

Sus créditos le sirvieron para la compra de mercadería, la misma que es comprada de los mayoristas en la Ceja de El Alto y vendida por menor en diferentes ferias de la ciudad de El Alto.
Una de sus hijas le ayuda en la venta de verduras.

A la pregunta de qué le gusta de Pro Mujer, la señora Juana responde la "capacitación".
Las otras integrantes de la asociación también tienen sus propios negocios: venta de artículos varios, venta de chuño (papa deshidratada) y papas, venta de refrescos, agencia de pollo, venta de abarrotes, venta de lotería, venta de vegetales, venta de productos de limpieza y aseo, venta de pensión y otros.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Eterna Group's $3,175 loan helped a member to buy vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Sep 25, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011