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Señor De Lagunas Group
In this Group: Rosa, Lidia, Dionicia, Sebastiana, Berna, Maxima, Felicidad*, Angelica, Catalina, Maria*, Irma, Antonia, Dionicia, Maria, Maria*, Rosmery, Juaquina, Rita, Jovanna
* not pictured
View original language description ↓
The “Señor de Lagunas” group has worked responsibly with Pro-Mujer for 10 years. Almost all the members have businesses selling supplies and food, which they acquire at wholesale prices to resell at retail prices. They need capital to rent stores on the Raúl Salmón street in El Alto, as this is a commercial zone suitable to selling these products, thereby guaranteeing greater income in order to support their families. For example, Mrs. Catita, a widow, is alone and responsible for 7 children, so she works with all her might to earn sufficient income for the well-being of her family.

Translated from Spanish by Cindy Kendall, Kiva Volunteer



Señor de Lagunas es la denominación que adoptan 19 socias que trabajan junto a Pro-Mujer .Dicha asociación es una de las más antiguas con 10 años de trabajo responsable.
Casi todas se dedican a la comercialización de víveres y comestibles , éstos adquiridos al mayor para respectiva venta al por menor, Ellas requieren capital para alquilar tiendas en la calle Raúl Salmón, de la Ceja de El Alto, ya que es un zona netamente comercial para este tipo de productos, con lo que garantizarían mejores ingresos para sustentar a sus numerosas familias, tal es el caso de doña Catita que lamentablemente quedo viuda, teniendo que ser responsable ella sola de 7 hijos, por eso ella trabaja con todas sus fuerzas para generar ingresos suficientes para el bienestar de su familia.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.3
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Lagunas Group's $4,825 loan helped a member capital to rent stores in the commercial area of Raúl Salmón street in El Alto.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 4, 2008
Listed
May 16, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009