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Manuel Ascencio Padilla Group
In this Group: Julia , Karen Lucy, Juana, Guadalupe , Petrona, Patricia, Manuela, Amalia, Rosa, Roxana, Eva, Wilma
The “Manuel Ascencio Padilla” Communal Association is starting its first loan cycle with Pro Mujer since it is a new group that is part of the Los Andes Community Center. This group consists of twelve members who are involved in various businesses such as mobile phone sales, a locksmith shop, general store, bakery, weaving blankets, potato sales, manufacturing overalls, fruit sales, weaving sweaters and scarves, vegetable sales, food sales, and weaving articles of clothing.


Sra. Julia is the group president. She indicates that she is involved in different businesses. Julia has a neighborhood store in her home that is managed by her children. She also has a formal fruit stand near the edge of El Alto and produces woven blankets. Julia manages the last two businesses by herself. She is requesting a loan of 1000 BOB and hopes the money will boost her businesses.

View original language description ↓

La Asociación Comunal “Manuel Ascencio Padilla” iniciará su primer ciclo en Pro Mujer, es decir es una asociación nueva, será parte del Centro Focal de Los Andes. Está compuesta de doce integrantes. Los negocios que ellas desempeñan son variados: venta de celulares, taller de cerrajería, tienda surtida, repostería, tejidos de mantas, venta de papa, costura de overoles, venta de fruta, tejido de chompas y chalinas, venta de verduras, venta de comida, tejido de mantas y confección.

La señora Julia es la presidenta,, indica que cuenta con diferentes negocios: una tienda de barrio, que esta ubicado en su domicilio, atendido por sus hijos; formalmente un puesto de venta de fruta cerca a la Ceja de El Alto y tejido de mantas, estos dos últimos negocios son llevados adelante por ella sola.
Su solicitud de crédito es por Bs. 1000.- espera que este dinero pueda impulsar sus negocios.

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
  • 120
    View loans »
    Bolivia Loans Fundraising
  • $28,262,975
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Manuel Ascencio Padilla Group's $1,975 loan helped a member purchase wool & other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011