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Alfa Y Omega Group
In this Group: Saturnina, Edwin, Liliana*, Lidia, Susana, Maria Gabriel, Graciela Esperanza, Teodora Mery
* not pictured
The "ALFA Y OMEGA" loan group begins its second cycle with Pro Mujer as part of the Germán Busch focal centre. This is a new group which has been fomed to receive credit, training and healthcare services. It has nine members that work in several activities: making and selling shoes, making and selling crochet blankets, selling furniture, making carpets, making hats, selling vegetables, owning a hardware store, selling meat and making carpets. The treasurer, who sits on the group board, ensures that all financial transactions are in order and enforces the internal rules of the group.

The treasurer of the "Alfa Omega" loan group is SaturN., who is on her second cycle. She has been making and selling shoes for 6 years, and she also weaves blankets. The loan of 2,000 bolivares is for the purchase of material to make footwear with. She usually sells her products at La Ceja, from 7 in the morning to 12 noon.
View original language description ↓
La B.C. “ALFA Y OMEGA” inicia su segundo ciclo en Pro Mujer, como parte del Centro Focal de Germán Busch es un grupo nuevo que se ha agrupado para recibir los servicios de crédito, capacitación y atención en salud. Está compuesta por nueve integrantes. Los negocios que desempeñan son diferentes: producción y venta de zapatos, venta y producción de mantas a crochet, venta de muebles, artesanía en alfombras, costura en artesanía en sombreros, venta de verduras, ferretería, comerciante de carne, artesanía en alfombras. Estas señoras tienen dentro de la mesa directiva a la tesorera que vela por que todas las transacciones financieras del grupo estén en orden, haciendo cumplir su reglamento interno.

La señora tesorera de la banca comunal, la señora SaturN., este es su segundo ciclo, que forma parte del B.C. “Alfa y Omega”. La señora SaturN. produce y vende zapatos desde hace 6 años, al mismo que teje mantas. Su crédito actual de Bs. 2000.- es para la compra de material, para la elaboración del calzado.
Generalmente sus ventas son realizadas en la “Ceja” de 7 de la mañana a 12 del medio día.

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
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfa Y Omega Group's $2,400 loan helped a member buy material to make footwear and blankets with.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011