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Rosas De Sajama Group
In this Group: Magaly, Gregoria, Raul, Marina, Basilia, Alicia, Cipriana, Teodosia, Elbira
The ROSAS DE SAJAMA communal bank is starting its second cycle in the Cascada Focal Center. This bank has nine members, eight women and one man. The governing board is headed by Magaly as group President.

Magaly, 28, is married and has two children. This is her second cycle within this bank. She and her husband have two businesses: a metal shop and macramé. This loan will be used for both businesses because they are what support the family.

For the last five years she has worked with her husband operating a lathe and making macramé; both businesses are home-based.

The requested, Bs.2000 loan, will serve to increase capital for both businesses.

With respect to the businesses of the other group members, they are: neighborhood grocery store, book sales, blanket sales, vegetable sales, metal (lathe) shop, taxi services, fruit sales, weaving, clothing sales
View original language description ↓
La A.C. ROSAS DE SAJAMA inicia su ciclo Nº 2 en el Centro Focal de Cascada. Esta asociación está compuesta por nueve integrantes, ocho mujeres y un varón. La mesa directiva tiene a la cabeza a la señora Magaly como presidenta.

La señora Magaly es una mujer joven de 28 años de edad, casada, madre de dos niños. Este es su segundo ciclo en esta asociación. Con respecto a su negocio ella y su pareja cuentan con los negocios de Servicio de Tornería y macrame. Este crédito será invertido en impulsar estos negocios,pues ellos son los que dan sustento a la famlia.

Desde hace cinco años trabaja con su esposo en la torneria y realiza el macrame, compra los materiales por mayor de la ciudad de La Paz y el servicio de torneria y su trabajo en macrame son realizados en el mismo domicilio.
El crédito solicitado de Bs. 2000.- le serviría para aumentar el capital de ambos negocios.
Con respecto a los negocios que llevan adelante el resto de integrantes de la asociación, ellos tienen negocios como: tienda de barrio, venta de libros, venta de mantas, venta de verduras, Taller de torneria, servicio de taxi, venta de fruta, tejido, venta de comida.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,370,775
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosas De Sajama Group's $2,450 loan helped a member capital for the metal shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Oct 31, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011