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Fortaleza Group
In this Group: Ana Maria , Salome, Maria Luz , Rosmery, Stephanie Daniela, Vania Pamela, Irma, Normiña
The “Fortaleza” (Fortitude) communal bank will start its 18th cycle in Pro Mujer as part of the Villa Exaltación Focal Center. It has 8 members and they have a governing board where Ana María is president. The members of the communal bank carry out a variety of businesses. Among them we have: coffee shop, soft-drink sales, gelatin and cookies sales, service, food sales, assorted merchandise merchant, clothes sales, cosmetics sales and cake making.

Ana María indicates that she joined a communal bank three years ago having been invited by a coworker. She currently has a business where she sells videos, games, etc. that she’s had for years. The loan this cycle is to expand capital buying a PlayStation to play the videos that she’ll get in the city of El Alto and then install in her permanent stand. This way of working makes it possible for her to support her family since she’s single and has three children.
View original language description ↓
La A.C. “FORTALEZA” iniciará el decimo octavo ciclo en Pro Mujer, como parte del Centro Focal de de Villa Exaltación. Está compuesta por ocho integrantes y cuentan con una mesa directiva donde la señora Ana María es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: cafetería, venta de frescos, chantillin y galletas, servicio y venta de comida, comerciante de artículos varios, venta de ropa, venta de cosméticos, producción de pasteles.

La señora Ana María, indica que hace tres años que conforma una asociación comunal ingresando por invitación de una compañera de trabajo. En la actualidad ella cuenta con un negocio de venta de videos, juegos, etc. que viene trabajando hace años. El crédito de este ciclo es para ampliación de su capital (compra de pal statión para difundir los videos) que adquiere de la ciudad de El Alto y posteriormente lo instalará en su puesto fijo. Esta forma de trabajo le permite apoyar a su familia pues ella es soltera y tiene tres 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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,780,975
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fortaleza Group's $5,025 loan helped a member to buy a PlayStation 2.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012