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Alaxpacha 2 Group
In this Group: Janneth Lourdes , Paulina, Lourdes Susana, Rossy , Justina , Maritza
The Communal Bank “Alaxpacha II” is starting its second loan cycle with Pro Mujer as part of the Germán Busch Community Center. This group consists of six members and is led by a Board of Directors headed by Sra. Janneth. The members of the Communal Bank engage in various businesses in the retail, manufacturing, and service sectors in order to get ahead.

Sra. Janneth says this is her sixth year of participating in a Communal Bank through Pro Mujer. She joined after being invited by a friend. Janneth currently has a business selling knitted articles and has been working for eight years.

The loan she is receiving now will be used to buy a machine that she will purchase from a distributor. She will use it for making knitted articles to sell at the fairs. Working in this manner enables her to generate income to support her family as much as possible. Janneth is married and has two children.

When asked what she likes about Pro Mujer, Janneth said that she enjoys everything.
View original language description ↓
La A.C. “ALAXPACHA II” iniciará su segundo ciclo en Pro Mujer, como parte del Centro Focal de Germán Busch. Está compuesta por seis integrantes, la asociación comunal está dirigida por una mesa directiva a la cabeza de la señora Janneth. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comercio, producción y servicios

La señora Janneth indica que es el sexto año que integra una asociación comunal en Pro Mujer, ingresando por invitación de una amiga. En la actualidad ella tiene un negocio de venta de tejidos, que viene trabajando hace ocho años atrás.

El crédito que sacará ahora es para la compra de una máquina los que compra de la distribuidora y posterior a la elaboración lo comercializará en las ferias. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo.

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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alaxpacha 2 Group's $1,500 loan helped a member to buy a knitting machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012