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Cordillera De Los Andes Group
In this Group: Cristina , Matilde, Maria Jesusa , Silvia Roxana, Teodora , Marisol , Irene
The "Cordillera de los Andes" communal association will begin its first loan cycle with the Pro Mujer institution, through the Panamericana office. It is made up of seven members, and is run by a board, of which Cristina is the president.

The businesses that the members of communal association carry on are varied, and include: neighborhood store, buying and selling livestock, weaving shawls, lamb butchering, and making flower baskets. Cristina says this is the first time she has worked with Pro Mujer, and that she joined the institution at the invitation of the facilitator in the area.

Currently she has a business buying and selling livestock, that she has been doing for many years. The loan she will take out is for increasing her capital, by buying livestock that she will acquire at fairs in the rural area, and later sell in her community. This work will allow her to generate resources to support her family, as she is married and has eleven children.
View original language description ↓
La A.C. “CORDILLERA DE LOS ANDES” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por siete integrantes y está dirigida por una mesa directiva de la cual la señora Cristina es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tienda de barrio, compra y venta de ganado, tejido de mantas, carnicera de corderos, producción de canastas para flores.

La señora Cristina, indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora en zona. En la actualidad ella tiene un negocio de compra y venta de ganado que viene trabajando hace años atrás.

El préstamo que sacará es para aumentar su capital (compra de ganado) que adquirirá de las ferias del área rural y posteriormente lo venderá en su comunidad. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene once 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

  • $2,817
    Average annual income
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Cordillera De Los Andes Group's $2,050 loan helped a member to buy livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012