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Genesis Group
In this Group: Ana Porfiria*, Rosa, Reveca, Julia, Susana, Constancio, Ines Rossio, Margarita, Julia, Florencia, Julia
* not pictured
The 11-member Genesis Community Association is starting its fourth loan cycle in the Germán Busch centre. The president of the Board of Directors is Señora Ana, treasurer is Señora Margarita, and secretary is Señora Ines. The members of the group have a range of businesses such as hardware store, food sales, knitting leg warmers, soft drinks sales, growing and selling flowers, locksmith’s shop, underwear sales, builder, and skirt weaving.

President Ana has already been through three loan cycles with community associations. She has had a business selling food from her home for eight months. She has no employees so it is a great advantage to be able to work from home as she can care for her three children and husband at the same time.
View original language description ↓
La Asociación Comunal ”GENESIS”, está iniciando su cuarto ciclo en el centro focal de Germán Busch. Esta asociación comunal cuenta con la participación de once integrantes. La mesa directiva tiene como presidenta a la señora Ana, como tesorera a la señora Margarita y como secretaria de actas a la señora Ines. Los negocios de las señoras son diferentes, entre ellos tenemos: venta de artículos de Ferretería, venta de comida, artesanía en polainas, venta de Fresco, cultivo de F. y venta, taller de cerrajería, venta de ropa interior, albañil, tejido de enaguas.
La señora Ana, presidenta de la asociación "Génesis" es una mujer que ya tiene la experiencia de tres ciclos en el trabajo con asociaciones comunales. Desde hace ocho meses, la señora Ana tiene como negocio la venta de comida. Ella vende comida en el domicilio, por ahora no cuenta con la ayuda de nadie, sin embargo, es una gran ventaja el tener el negocio en la casa, por que de esta manera ella puede cuidar a sus 3 hijos junto con su esposo.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,043,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Genesis Group's $3,925 loan helped a member to buy rice, pasta, oil, potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Feb 23, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011