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Calamarca Group
In this Group: Luisa, Vilma, Yohobana , Sentia , Leonor, Juana , Cecilia , Rolme Herlinda, Francisca , Estefa
The “CALAMARCA” community bank are about to start their first loan cycle with Pro Mujer, as part of the Patacamaya regional office. The group has ten members and is run by a board of directors which has Luisa as its president. The businesses that the members of the bank are engaged in are varied and include: weaving, selling yarn, running a neighborhood store and making jackets.

Luisa tells us that this is the first time she has worked with Pro Mujer and that she joined the institution through an invitation from a loan officer. She currently has a store where she sells yarn which she has been running for years. She learned the business from a friend.

The loan that Luisa is taking out now will be used to increase her capital, buying yarn which she will acquire in El Alto and then sell to textile factories. This work allows her to make income with which to support her family. She lives with her partner and has two children.
View original language description ↓
La A.C. “CALAMARCA” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Patacamaya, está compuesta por diez integrantes y está dirigida por una mesa directiva de la cual la señora Luisa es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejidos, venta de lana, tienda de barrio, confección de chamarras.

La señora Luisa indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de tienda de venta de lana que viene trabajando hace años atrás, aprendiendo el mismo de un amigo.

El préstamo que sacará es para aumentar su capital (compra de lana) que adquirirá de El Alto y posteriormente lo venderá a las fabricas textileras. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato 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

  • $2,817
    Average annual income
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Calamarca Group's $1,900 loan helped a member to buy yarn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012