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20 De Enero Group
In this Group: Lidia Yola, Angelina, Miguelina, Delia, Rita Cristina, Maruja, Segundina Veronica, Elizabeth, Virginia Martina, Lucia Guillermina
The "20 de Enero" (January 20th) community bank is beginning its first loan cycle. The members of this group are enthusiastic women who have a desire to improve their lives. The group forms part of the Senkata regional office and has 10 female members.

Each of the group's members has her own business. These businesses include: selling household products (toothpaste, batteries, clothes hangers, face cream - in general, the ladies call this type of business 'venta de cachivaches' (knick knack sales)), sewing traditional skirts, selling 'tunta' (a dried potato product), weaving and sewing traditional skirts, knitting baby clothes, selling CDs, selling vegetables and running a neighborhood store.

The '20 de Enero' community bank is run by a board of directors which consists of a president, a treasurer and a secretary, who are in charge of guiding their fellow group members through this loan cycle.

The bank's president, Lidia, was a member of the Villa Tejada regional office for six and a half years. She is currently joining the '20 de Enero' community bank for their first loan cycle. Lidia tells us that she and several long-standing members, including Miguelina, decided to form their own group to request a loan. Their favorite services are the health service and the insurance service.

The president's business is knitting sweaters, selling 'knick knacks' and selling 'mocochinchi' (a dried peach drink) by the glass. This latter business is one that she has had since she was very young.

Lidia is requesting her loan to buy sugar, 'quisa' (dried peach) and wool. These will help her in the businesses that she wishes to carry out this season.
View original language description ↓
La Banca Comunal "20 de Enero" está ingresando al ciclo Nro. 1, son mujeres entusiastas y con deseos de mejorar su vida. El grupo será parte del centro focal de Senkata, está integrado por 10 mujeres.
Cada una de las integrantes ya tiene negocio propio, ente los cuales se encuentra: venta de artículos para el hogar (pasta dental, pilas, ganchos para ropa, cremas para la cara, en general las señoras le dicen a este tipo de negocio “venta de cachivaches”), costura de polleras, venta de tunta, tejidos y costura de polleras, tejidos de ropa para bebé, venta de CD´s, venta de verduras, tienda de barrio.

La Banca Comunal “20 de Enero” está dirigida por una mesa directiva compuesta por una presidenta, una tesorera y una secretaria de actas, quienes tienen el encargo de guiar a sus compañeras durante este ciclo.

La presidenta, la señora Lidia ha participado durante seis años y medio en el Centro Focal de Villa Tejada y en esta oportunidad está ingresando a su primer ciclo de la Banca Comunal "20 de Enero", la señora Lidia comenta que entre varias socias antiguas, entre ella doña Miguelina, decidieron formar grupo para sacar el crédito. Entre los servicios que más les gusta está la atención del consultorio de salud y contar con un Seguro.

El negocio que ocupa a la señora presidenta es el tejido de chompas, la venta de “cachivaches” y venta de refresco de mocochinchi (durazno seco) por vaso, éste último es un negocio que tuvo desde muy joven.
El crédito que está solicitando la señora Lidia servirá para comprar azúcar, quisa (durazno seco) y lana, negocios que ella espera impulsar este semestre.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 20 De Enero Group's $2,000 loan helped a member to buy sugar, 'quisa' (dried peach) and wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 27, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011