Check out some available loans that are similar to this one!
Suma Amparanaca Group
In this Group: Corina, Clotilde, Eva, Francisca, Maribel, Hermelinda, Salomé Saturnina, Virginia , Patricia Liliana
The 'Suma Amparanaca' ('Good Hands' in the Aymara language) community bank is starting its first loan cycle as part of the Senkata regional office. The group has nine members and its board is made up as follows: Corina, the president; Clotilde, the treasurer and Francisca, the secretary. The ladies' businesses are related to commerce and services. They include: book sales, kiosk, food sales, brick sales, knitting, gym, shawl knitting.

Corina, the group's president, is a long-standing member of our institution. She remembers that she requested her first loan in 2000. She then stopped requesting loans for a time but now needs one again. Corina has a business knitting shawls. She started her business on her own initiative. In the beginning she had to buy patterns and magazines. She is now requesting a loan to buy yarn. Corina is married and has six children.

When we asked Corina what she most likes about Pro Mujer, she replied that she likes the group because it is united and punctual.
View original language description ↓
La Banca Comunal “Suma Amparanaca” (en lengua aymara Buenas Manos) está iniciando su primer ciclo en el Centro Focal de Senkata. Cuenta con nueve integrantes. La mesa directiva está compuesta por la presidenta, la señora Corina, por la tesorera, la señora Clotilde y como secretaria de actas Francisca. Los negocios de las señoras están relacionados con el comercio y servicio, como por ejemplo: venta de libros, kiosco surtido, venta de comida venta de ladrillos, tejidos, gimnasio, tejido de mantas.

La señora Corina, presidenta de la asociación “Suma Amparanaca”, es socia antigua, ella recuerda que solicitó su primer crédito el año 2000, luego dejó de solicitar el crédito hasta ahora que lo necesita. La señora Corina cuenta con el negocio de tejido de mantas, inicio el negocio por iniciativa propia, para comenzar tuvo que comprar muestras y revistas. Ahora requiere de crédito para comprar lana. La señora Corina está casada y es madre de seis hijos.
Cuando le consultan sobre qué es lo que más le gusta de Pro Mujer, ella responde que le gusta el grupo porque es unido y puntual.

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 Suma Amparanaca Group's $1,975 loan helped a member to buy yarn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Dec 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011