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Libertad Group
In this Group: Asunta, Luisa Justina, Juana, Elvira, Yovana Monica, Alicia, Cesilia Maria, Marianela, Martha
The communal bank “Libertad” or ‘Liberty’ is starting on its first loan cycle in the Germán Busch focal center. This communal bank has the participation of new members who will be taking out loans for the first time. The board of directors for this loan cycle has Asunta as president, Martha as treasurer, and Alicia as secretary. The women’s businesses are all different. They include a neighborhood store and sales of belts, coffee, meat, sweaters, cosmetics, and games.

The president, Asunta, is a young woman who lives with her partner and five children. As for her business, Asunta has a business selling belts. She purchases wholesale belts and sells them retail in the Ceja market in the city of El Alto.

What she likes best about Pro Mujer is the opportunity for health services and the possibility of saving money.

The woman of the “Libertad” communal bank are shown in the photo during a meeting that they attend.
View original language description ↓
La Banca Comunal de “Libertad” está iniciando su primer ciclo en el centro focal de Germán Busch. Esta banca comunal cuenta con la participación de nueve integrantes, las mismas que desembolsaran por primera vez. La mesa directiva para este ciclo tiene como presidenta a la señora Asunta, como tesorera Martha y como secretaria de actas a la señora Alicia. Los negocios de las señoras son diferentes, entre ellos tenemos: venta de cinturones, venta de café, venta de carne, venta de chompas, ventas de cosméticos, venta de chompas, tienda de barrio, venta de carne, venta de juguetes.

La presidenta, la señora Asunta es una mujer joven, convive con su pareja y tiene cinco hijos.
Con respecto al negocio de la señora presidenta, ella tiene el negocio de venta de cinturones.
Ella compra cinturones por mayor y los vende por menor de manera ambulante por la Ceja de la ciudad de El Alto.
Lo que más le gusta de Pro Mujer es la oportunidad de contar con la atención en salud y la posibilidad de ahorrar.
Las señoras de la banca comunal "Libertad" salen en la foto con una visita que las acompaña.

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
  • 163
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Libertad Group's $1,500 loan helped a member to purchase belts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011