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Amautas Cerro Kantica Group
In this Group: Cristina, Santos, Virgina, Francisca, Julia Amanda, Petrona Lidia, Reyna Balbina, Eulogia, Teresa
The “AMAUTAS CERRO KANTICA” communal bank will start its first cycle in Pro Mujer as part of the Panamericana Center. It has nine members and is led by a governing board headed by Virginia. The members are involved in a variety of businesses. Among them are: sahumerios (aromatic herbals and incense), macramé weaving and food sales.

Virginia indicates that this is the first time she’s joined Pro Mujer and that she did so thanks to an invitation from one of the promoters. She currently has a “sahumerio” (aromatic herbs and incense) business that she learned from her family; she’s had it for the last four years.

The loan she’ll take out now is to increase her sahumerio merchandise (she will buy incense, copal, sweets, etc.) She will buy these supplies in the city of El Alto’s La Ceja area, on Corazón de Jesús Street (a commercial street in El Alto) and will sell them in her store which is located on the road to Laja. This way of working allows her to generate income to support her family in every possible say because she’s single and has two children.
View original language description ↓
La A.C. “AMAUTAS CERRO KANTICA” iniciará su primer ciclo en Pro Mujer, como parte del Centro Panamericana, está compuesta por nueve integrantes y está dirigida por una mesa directiva encabezada por la señora Virginia. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: sahumerios, macramé de mantas, y venta de comida.

La señora Virginia, indica que es la primera vez que integra Pro Mujer y que ingreso por invitación de las promotoras. En la actualidad ella tiene un negocio de sahumerio que aprendió de su familia, desde hace cuatro años atrás.

El crédito que ahora sacará es para aumentar su mercadería de sahumerios (compra de inicencios, copal, dulces, etc.), este material lo compra de la cuidad de El Alto, de la Ceja, de la calle Corazón de Jesús (calle comercial de la ciudad de El Alto) y los venderá en su negocio que esta ubicado, camino a Laja. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es soltera y tiene dos hijos.

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amautas Cerro Kantica Group's $2,475 loan helped a member to buy aromatics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011