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Retamitas Group
In this Group: Alicia, Rosario, Cristhian Rodrigo, Lucia Ines, Magaly Jessica*, Marilin, Hilda, Lita
* not pictured
The “RETAMITAS” Communal Bank is initiating its 3rd loan cycle with Pro Mujer at the Santiago II Central Office. The bank is composed of 9 members. The board of directors includes a president, treasurer, and secretary. The businesses they are involved in are varied: selling leather jackets, custom-made dresses, leather items, making skirts, selling artisan crafts, meals, plus seamstress work, and making skirts.

In the case of the president, Alicia is married, has consolidated a home, and is the mother of 3 children, 2 of whom have already left home to form their own. With respect to her business, Alicia, along with her husband, operates a tailor shop. They make suits to order. Alicia learned this trade from her husband many years back. She says, in her own words: “My husband has taught me everything.” Alicia indicates that the loan will be used to buy cloth from wholesalers in the city of La Paz.

When asked what she likes about Pro Mujer, Alicia says that she likes receiving credit.
View original language description ↓
La Banca Comunal “RETAMITAS” iniciará su tercer ciclo en Pro Mujer, en el Centro Focal de Santiago II. Está compuesta por nueve integrantes. La mesa directiva está compuesta por la presidenta, tesorera y secretaria de actas. Los negocios que ellas desempeñan son variados: venta de chamarras, costuras y cueron, artesanía, venta de comida, sastrería y costura, costura, venta de chamarras, confección de polleras.

En el caso de la presidenta, señora Alicia tiene un hogar consolidado, casada, madre de tres hijos, dos de ellos ya han dejado el hogar para conformar los propios. Con respecto al negocio, la señora Alicia tiene el negocio de costura junto con su esposo, elabora trajes a pedido. Ella aprendió este oficio de su esposo hace muchos años atrás, en sus propias palabras ella dice: “mi esposo me ha enseñado todo”. La señora Alicia indica que con el crédito comprará tela por mayor de la Ciudad de La Paz, de las tiendas mayoristas.
Cuando se le consulta sobre lo que le gusta de Pro Mujer ella indica que le gusta el crédito.

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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Retamitas Group's $2,925 loan helped a member tO BUY CLOTH AT WHOLESALE FOR MAKING SUITS TO ORDER.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011