These women start early in the morning by preparing breakfast for their families. The majority of them are single mothers like Doña Pacesa, a widow with four children. She makes sweaters from alpaca wool and sells them at the 16th of July Fair in the city of El Alto. As is true for the other ladies, the small amount of income generated is barely enough to feed her family.
The Bolivia Association hopes to receive additional funds to buy raw materials (alpaca wool) and increase production. That way they will raise their income and reach their goal of having a better quality of life.
Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.
El tejido de chompas de alpaca y alfombras en lana de oveja es la principal actividad de quincena de señoras agrupadas en la asociación “Bolivia” perteneciente al centro focal de Villa Adela de Pro-Mujer.
Estas señoras empiezan su día en la madrugada para preparar los almuerzos para sus familias. La mayoría de ellas son jefes de familia, Como doña Pacesa que es viuda y tiene 4 hijos teje chompas en fibra de alpaca y las vende en la feria 16 de Julio de la ciudad de El Alto, los pocos ingresos que genera al igual que sus compañeras apenas les da para alimentar a sus familias. La asociación Bolivia espera acceder aun mayor crédito para comprar materia prima (fibra de camélidos) y aumentar su producción de esta manera mejoraría sus ingresos con el objetivo de mejorar su calidad de vida.
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.
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