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Esperanza De Alto Lima Group
In this Group: Olga, Erika Micaela , Teresita , Basilia , Lorenza, Betty Patricia, Adela , Epifania
The communal bank 'Esperanza de Alto Lima' [The Hope of Alto Lima] will start it's first cycle with 'Pro Mujer' as a part of the 'Centro Focal de Alto Lima'. The group is made up of eight members, with a governing board that is led by Olga. The group members are involved with a variety of businesses, including: selling food, making and selling plaster art, selling shoes, selling baby clothes, recycling iron and cables, selling clothing and selling 'tucumanas' (a meat filled pastry).

Olga told us that she just recently joined the association. She has a business selling food which she has been doing for many years. Before she had this specific business, she had a similar one. This cycle's loan will be used to expand her business, which she will do by purchasing a tank of gas and food. She will buy the supplies in the city of El Alto and later will make her food to sell in the market. This work allows her to support her family; she is unmarried and has five children.

In the photo we are not able to see Adela's face, because she hid while the picture was being taken. She is camera shy.
View original language description ↓
La A.C. “ESPERANZA DE ALTO LIMA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima. Está compuesta por ocho integrantes y cuentan con una mesa directiva a la cabeza de la misma se encuentra la señora Olga. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, artesano en yeso, venta de zapatos, comercio de ropa d bebe, reciclaje de fierros y cables, venta de ropa, venta de tucumanas.

La señora Olga, indica que forma parte de una asociación comunal por primera vez y que en la actualidad ella cuenta con un negocio venta de comida que viene trabajando hace años, ya que anteriormente contaba con un negocio similar. El crédito de este ciclo es para ampliación de su negocio (compra de garrafa y víveres) mismos que adquiere de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en las ferias. Esta forma de trabajo le permite apoyar a su familia pues ella no es casada y tiene cinco hijos.

En la fotografía podemos ver a la señora Adela que se esconde de las cámaras, pues se encontraba nerviosa ante las cámaras

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
  • 186
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza De Alto Lima Group's $3,400 loan helped a member to buy a tank of gas and food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012