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Titintaya De Huatajata Group
In this Group: Victoria , Olivia Eva , Guillermo Jaime , Rosalinda , Ros Mery , Lidia Zenobia, Sonia Hilda , Maria Elena, Tania , Andres
The communal bank “Titintaya de Huatajata” is starting its second loan cycle with Centro Focal de Copacabana. The group is comprised of ten members, and Victoria is the president. The activities that the group members are involved in are diverse - these include the sale of fish, livestock, food and videos, as well as blanket weaving.

Victoria reports that it has been six months since the communal bank formed, with assistance from the organization Pro Mujer, and that they were invited by the staff to join. Currently Victoria has a business that sells fish, and she has worked in this business for several years. She learned this business from her family.

The loan she is currently seeking is to help re-supply her business with fishing nets. She buys these items in the traditional markets of El Alto. This form of work will help her to improve her family's situation, as she is married and has six children. When we asked her what she likes about Pro Mujer, she told us that she likes the opportunity for savings.
View original language description ↓
La Banca Comunal “TITINTAYA DE HUATAJATA” inicia su segundo ciclo en el Centro Focal de Copacabana, está compuesta por diez integrantes donde la señora Victoria es la presidenta. Las actividades que desarrollan dentro del grupo son distintos, entre ellos tenemos: venta de pescado, venta de videos, tejido de mantas, venta de madera, venta de ganado.
La señora Victoria cuenta que hace medio año que integra una Banca Comunal dentro de Pro Mujer y que para esto fue invitada por la promotora; en la actualidad ella tiene un negocio de venta de pescado, mismo que trabaja hace varios años, aprendiendo el mismo de su familia.
El crédito que ahora sacará es para refaccionar sus herramientas de trabajo (compra de red) los que comprarán de las ferias tradicionales de El Alto y posteriormente lo implementará en su lugar de pesca. Esta forma de trabajo apoya a salir adelante a su familia pues ella es casada y tiene siete hijos.
Cuando le consultamos que le gusta de Pro Mujer, ella nos respondió que le gusta el ahorro.

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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,950,000
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Titintaya De Huatajata Group's $3,525 loan helped a member to buy fishing nets.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 13, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013