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Machak Sartawi Group
In this Group: Jenny, Ximena, Janeth Elizabeth, Janneth Roxana, Tania, Jhenny Dora , Nieves Emiliana, Miriam, Soledad Vicenta
The “MACHAK SARTAWI” community bank is beginning its first loan cycle as part of the Panamericana regional office. This group has nine members. The bank is managed by a board of directors which is headed by Jenny. The businesses that the group's members carry out include: knitting blankets, selling Avon products, selling swimsuits, selling vegetables, selling fruit, selling fried chicken, setting up a hairdressing salon, selling 'api' (a thick purple corn drink), selling kebabs, etc.

Jenny's business is selling vegetables that she buys in La Ceja, in the city of El Alto. She will use her loan to buy more merchandise that she will sell on Thursdays and Sundays in the 16 de Julio market.

Jenny is 23 years old, single, and carries out her business on her own. When asked what she likes about Pro Mujer she replied that she only recently joined the institution.
View original language description ↓
La A.C. “MACHAK SARTAWI” iniciará el primer ciclo en el Centro Focal de Panamericana. Está compuesta por nueve integrantes, la asociación comunal está dirigida por una mesa directiva, a la cabeza de la señora Jenny. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de mantas, venta de productos AVON, venta de bañadores, venta de verduras, venta de frutas, venta de pollos a la brostes, iniciación de salón de peinados, venta de api, venta de anticucho.

La señora Jenny tiene como negocio la venta de verduras, que compra en la ceja, de la ciudad de El Alto. Con el crédito que sacará comprará mas mercadería, los que venderá los días jueves y domingo en la feria 16 de julio.

En la actualidad la señora tiene veinte y tres años, es soltera y el negocio lo realiza sola. Cuando se le consulta que le gusta de Pro Mujer, ella responde que recién ingreso ala institución.

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
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Machak Sartawi Group's $2,050 loan helped a member to buy vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 23, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011