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Kantutas Group
In this Group: Ruth, Valentina, Carmen, Margarita, Patricia, Virginia, Emma, Rogelia, Virginia, Maria
View original language description ↓
In the zone of Huayna Potosí in the city of El Alto one finds, located in the center of Germán Buch, the "Kantutas" association which is made up of 10 members. It is a very nice group that gets together with its credit advisor, working very enthusiastically with Pro-Mujer to improve their businesses. The majority of the women have small children who do not have basic medical attention, that is to say, indispensable vaccines and medical checkups because of their lack of economic resources. This situation is very concerning for their parents and has brought them to look for greater income in their small businesses.



The activities that the Kantutas association does are informal, that is to say, the mobile sale of different products. For example, doña Carmen sells scarves and wool gloves, Señora Mari sells candies and chocolates. What is particular about this business are the sales that they make using little, special carts that they take along the distinct city streets. Now they would like to buy or rent fixed stands in the main markets to ensure sales. For this, they require more capital for their work. This way they will be able to generate greater income. This is all for the good of their families, principally to insure the health and well-being of their children.

Translated from Spanish by Joanna Silverman, Kiva Volunteer.




En la zona Huayna Potosí de la ciudad de El Alto se encuentra ubicado el centro focal Germán Buch, a este pertenece la asociación “Kantutas” integrado por 10 socias.
Un grupo muy simpático que junto a su asesora de créditos, trabajan con Pro-Mujer con mucho entusiasmo de mejorar en sus negocios.
La mayoría de ellas tienen niños pequeños y estos no cuentan con atenciones médicas básicas, vale decir vacunas y valoraciones indispensables, esto por falta de recursos económicos. Esta situación es muy preocupante para sus padres lo que les lleva a buscar mayores ingresos en sus pequeños negocios.


Las actividades que realiza la asociación “Kantutas” están dentro el comercio informal, es decir venta de diferentes productos de manera ambulante, .por ejemplo doña Carmen vende bufandas y guantes de lana, la Señora Mari, vende golosinas y chocolates. Lo particular de este negocio es que la venta, la realizan en pequeños y particulares carritos con lo que recorren las distintas calles de la ciudad.
Ahora quieren comprar o alquilar puestos fijos en los principales mercados para asegurar sus ventas por eso requieren mayor capital de trabajo.de esta forma poder generar mayores recursos, todo esto para el bien de sus familias, principalmente para asegurar la salud y bienestar de sus 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

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.2
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutas Group's $4,000 loan helped a member capital to buy or rent fixed stands to make sales.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 9, 2008
Listed
Jun 30, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009