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Sartawi Group
In this Group: Sabina, Damiana Elizabeth, Monica, Juan, Sofia Rocio, Mario, Mónica, Benita, Alejandra, Susana
The Sartawi communal bank is starting cycle #7. It is part of the Los Andes focal center. It has prior communal bank experience so they feel sure that the members are trustworthy people. It has 10 members, nine women and one man.

The businesses are different: service, production or commerce. Among them we find: bakery, bag production, tullmas (hair braiding decorations) production, machine shop, shoe sales, store, stocked store, sewing workshop, doll and puppet making crafts.

The Sartawi communal bank is led by a Board of Directors comprised of a President, Treasurer and Recording Secretary.

The President, Sabina, has participated in three group cycles. She’s married and has four children. In time she has developed two businesses. On the one hand she’s a craftsperson weaving miniature clothes and little animals; she makes pictures of Andean scenes with natural wools and on the other hand she has a small neighborhood store in her home. The requested loan will be used to expand the store and sell meat as well as to buy bolts of alpaca wool. She indicates that because she uses alpaca wool it’s best to buy it at wholesale to earn profits.

When she is asked why she’s in Pro Mujer she answers that it’s because of the friends, the savings and the option to manage petty cash.
View original language description ↓
La Banca Comunal Sartawi está ingresando al ciclo Nro. 7, es parte del centro focal de Los Andes, ya tiene experiencia como banca comunal y por lo tanto se sienten seguras de que las integrantes son personas de confianza. Está integrado por diez personas 9 mujeres y 1 varón.
Los negocios son diferentes, de servicio, producción o comercio, entre ellos tenemos: panadería, producción de bolsas, producción de tullmas (adornos para trenzar el cabello)taller mecánico, comercio, venta de calzados, tienda, tienda surtida, taller de costura, artesanía muñequería y títeres.
La Banca Comunal de Sartawi está dirigida por una mesa directiva compuesta por la presidenta,la tesorera y la secretaria de actas. .
La presidenta, la señora Sabina ha participado tres ciclos en su grupo, está casada y tiene cuatro hijos. Con el tiempo ha desarrollado dos negocios, por un lado es artesana teje ropa en miniatura, animalitos, elabora cuadros de paisajes andinos con en lanas naturales y por otro lado ella tiene un pequeña tienda de barrio en su domicilio. El crédito que está solicitando le servirá para ampliar la tienda y vender carne, y tambien comprar lana de alpaca por cono. Ella indica que debido a que utiliza lana de alpaca es mejor comprar por mayor para lograr ganancias.
Cuando se le consulta por que está en Pro Mujer ella responde que por las amigas, por el ahorro y la opción de trabajar con la caja chica.

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
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $30,987,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sartawi Group's $3,950 loan helped a member to buy alpaca wool and beef for the store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011