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Siempre Vecinas Group
In this Group: Bertha, Juana, Trifonia, Jhonny Grover, Agustina*, Paulina , Hilda, Lucrecia, Maria
* not pictured
The “Siempre Vecinas” (Neighbors Always) communal bank will start its first cycle in Pro Mujer as part of the Germán Busch Focal Center. It has nine members led by Bertha. The members are in a variety of businesses. Among them are: blanket weaving, general store, crafts, sweater sales, clothing sales.

Bertha indicates that this is the first time she’s participated in a communal bank. She currently has a crafts business that she’s had for two and half years. The loan she’s now taking out is to purchase material for her crafts(wool and sewing needles). This method of working makes it possible for her to generate resources to help her family since she’s living in a common law relationship.

Agustina does not appear in the photo because photography goes against her cultural traditions.
View original language description ↓
La A.C. “SIEMPRE VECINAS” iniciará su primer ciclo en Pro Mujer, como parte del Centro Focal de Germán Busch. Está compuesta por nueve integrantes, a la cabeza de la señora Bertha. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de mantas, tienda de comercio, frica de tostados, artesanías, venta de chompas, venta de ropa.

La señora Bertha indica que es la primera vez que integra una banca comunal. En la actualidad ella tiene un negocio de artesanías que viene trabajando hace dos años y medio; el crédito que ahora pretende sacar es para la compra de material para la elaboración de sus artesanías (lana y agujas). Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre.

En la fotografía no aparece la señora Agustina, ya la fotofrafía va contra sus tradiciones culturales.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Vecinas Group's $2,125 loan helped a member to purchase wool and sewing needles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
May 18, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011