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Awatiñas Group
In this Group: Maria Elena , Juana Ruperta, Benita, Julia , Filomena, Justina Andrea , Jorge, Lucia Justa , Emma Hilaria, Guillermina, Beatriza
The communal bank “AWATIÑAS” is starting its fourth loan cycle with Centro Focal de Villa Tejada. The group is comprised of eleven members, and María Elena is the president. The activities that the group members are involved in are diverse - these include sewing, traditional dressmaking, blanket weaving, bricklaying, sand washing, and the sale of sweaters and other clothing.

María Elena tells us that it has been ten years since they formed their communal bank under Pro Mujer, and that she was invited by her brother-in-law. She currently has a sand washing business, which she has worked in for a number of years. Her neighbors have also learned this business.

The loan she is currently seeking is for the purchase of sand. She will purchase the sand through a city agency and later will sell it in another area. The income from this form of work will help her to improve her family's situation, as she is married and has three children. When we asked her what she liked about Pro Mujer, she responded that she likes the savings and the sharing.
View original language description ↓
La Banca Comunal “AWATIÑAS” inicia su cuarto ciclo en el Centro Focal de Villa Tejada, esta compuesta por once integrantes donde la señora María Elena es la presidenta. Las actividades que desarrollan dentro del grupo son distintos, entre ellos tenemos: confección de polleras, venta de chompas, costura, ayudante de albañil, lavado de arena, venta de ropa, tejido de mantas, .
La señora María Elena cuenta que hace diez años que integra una Banca Comunal dentro de Pro Mujer y que para esto fue invitada por una su cuñado; en la actualidad ella tiene un negocio de lavado de arena, mismo que trabaja hace varios años aprendiendo el mismo de sus vecinos.
El crédito que ahora sacará es para aumentar su capital (compra de arena) los que comprará de la alcaldía y posteriormente lo venderá en otro municipio. Esta forma de trabajo apoya a salir adelante a su familia pues ella es casada y tiene tres hijos.
Cuando le consultamos que le gusta de Pro Mujer, ella nos respondió que le gusta los ahorros y el compartir.

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
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,131,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Awatiñas Group's $5,025 loan helped a member to buy sand for later resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013