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Huatajata Group
In this Group: Alejandrina Catalina, Antonia, Gladys, Josefa, Pamela Ximena, Lidia, Beatriz, Monica
The Huatajata Community Bank is beginning its first loan cycle within the Germán Busch centre. There are eight members in the group. The Board consists of Sra. Alejandrina as president, Sra. Beatriz as treasurer, and Lidia as secretary. Each of the women runs a business: for example making blankets or jackets, baking pastries, or sewing.

President Alejandrina is married and has eight children. She has already had experience with a loan from Pro Mujer so knows how community banks work. She is aware of the importance of group commitment. Alejandrina now needs a loan to start a new business. Three years ago she learned how to weave blankets by buying samples, and then copying them. However, she wants to start selling food as she recently discovered a good location in her neighbourhood. It’s at a bus stop, where people congregate to catch or get off buses. The drivers too are potential customers.

When Alejandrina is asked what she most likes about Pro Mujer, she stresses the importance of being part of a group.
View original language description ↓

La Banca Comunal “HUATAJATA” está iniciando su primer ciclo en el Centro Focal de Germán Busch. Cuenta con ocho integrantes. La mesa directiva está compuesta por la presidenta, la señora Alejandrina, por la tesorera, la señora Beatriz y como secretaria de actas Lidia. Los negocios de las señoras están relacionados con el comercio, producción y servicio, como ser: producción de mantas, producción de chamarras, confección de chamarras, tejido de mantas, repostería y costura.

La señora Alejandrina presidenta de la asociación “HUATAJATA, actualmente está casada y es madre de 8 hijos.
La señora Alejandrina,”, comenta que antes ya solicitó crédito en Pro Mujer así que ya conoce como funcionan las bancas comunales y está conciente de la importancia de la garantía solidaria. Ahora ella necesita un capital para iniciar un nuevo negocio. La señora Alejandrina comenta que desde hace tres años aprendió a tejer mantas, sola, compró muestras y a partir de ellas fue elaborando las mantas. El negocio que desea iniciar la señora Alejandrina es la venta de comida, recientemente identificó un buen lugar de venta en su barrio, es una parada de buses, las personas se reúnen para subir a los buses o llegan en los buses, también los conductores son potenciales clientes.

Cuando le consultan sobre qué es lo que más le gusta de Pro Mujer, ella responde con énfasis que le gusta compartir con el grupo.

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
  • 173
    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 Huatajata Group's $1,525 loan helped a member to buy wool, rice, pasta, and potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Dec 9, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011