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Libertad Group
In this Group: Veronica, Lucia, Victoria, María Elena, Ortencia, Judith Ester, Rosa, Filomena, Hilaria Maria
The Liberty Comunal Association is starting its third cycle with the Panamericana Focal Center [which brings together over 100 communal associations]. It is composed of nine members. The women will meet every 28 days over the course of six months to empower one another and make their payments. The members thought over this payment plan and are confident that they are familiar with it and will be punctual. The board of directors is composed of Veronica as president, Rosa as treasurer, and Judith as secretary.

Veronica is a young woman of 27 years. She is married and the mother of three. As president of the association, she has the task of making sure the board of directors, group leaders, and members follow the terms agreed upon at the start of the loan cycle. This is a good challenge for her, because Veronica has been with the association for only one loan cycle. She joined the association thanks to a woman’s invitation.

Her business is selling clothing. Her sister taught her how four years ago. Her first loan was for 1000 bolivianos, and this loan cycle she has requested 2000 bolivianos. In both cases, the money goes towards the purchase of merchandise. The rest of the members of the association have businesses where they carry out vegetable sales, clothes washing, machine knitting, clothing sales, blanket weaving, the sale of various articles, and purchase and sales of leather.
View original language description ↓
La Asociación Comunal “LIBERTAD” está iniciando su tercer ciclo, en el Centro Focal de Panamericana. Está compuesta por nueve integrantes. Las señoras se reunirán cada 28 días, durante seis meses para capacitarse y pagar sus cuotas. Las socias consideraron este plan de pago, con la confianza de que se conocen y que pagarán puntual. La mesa directiva está compuesta por la señora Verónica como presidenta, la señora Rosa como tesorera y como secretaria de actas la señora Judith.

La señora Verónica es una mujer joven de 27 años de edad, casada, madre de tres hijos, como presidenta de su asociación tiene la tarea de controlar que la Mesa Directiva, Jefes de Grupo y socias de bases cumplan con los reglamentos acordados al inicio del ciclo de crédito. Este es un gran desafío para ella, por que la señora Verónica cuenta con sólo un ciclo en la asociación. Ingresó a la misma gracias a la invitación de una señora. Con respecto a su negocio, ella vende ropa, aprendió de su hermana hace cuatro años. Su primer crédito fue de Bs 1000.-, para este ciclo ha solicitado Bs.2000.-, en ambos casos el dinero es destinado para la compra de mercadería.

Con respecto a los negocios que llevan adelante el resto de integrantes de la asociación tenemos: venta de verduras, limpieza de ropa, tejido a máquina, venta de ropa, venta de artículos varios, compra y venta de cuero de res, tejido de mantas.

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

  • $5,500
    Average annual income
  • 205
    View loans »
    Bolivia Loans Fundraising
  • $31,370,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Libertad Group's $2,050 loan helped a member to purchase clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 7, 2010
Oct 25, 2010
Currency Exchange Loss:
May 15, 2011