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El Ceibo Group
In this Group: Feliza, Claudina, Florencia, Antonia, Sonia, Graciela, Pamela, Agustina, Estefania, Francisca, Corina, Lidia, Alicia
View original language description ↓
The group called “El Ceibo” has been working with Pro-Mujer for the last several years, finishing their tenth cycle. Currently it has 13 active associates who have shown to be a well organized group as it relates to their loan quotas. Within the group, the majority are married with an average of 6 children. They feel in need to look for additional sources of income since the necessities of their children are always increasing.


There are various businesses within the organization such as sales of food, dairy products, and cereals; the main activity, however, is the making of wool skirts (polleras) and other clothing for the local women (typical clothing used in the altiplano region). They sell their clothing at the 16th of July fair, which only allows them to sell twice a week, for this reason they need a loan to rent store space where they can offer their clothing all the days of the week. This will enable them to generate more income and continue to maintain the well being of their children.

Translated from Spanish by Laura Bobbit, Kiva volunteer.


La asociación denominada “El Ceibo ” trabaja junto a Pro-Mujer hace ya varios años cumpliendo su décimo ciclo, a la fecha cuenta con 13 socias activas que han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Dentro el grupo la mayoría son casadas y con un promedio de 6 hijos, se ven en la necesidad de buscar otras fuentes de ingresos ya que las necesidades de sus hijos aumentan cada día mas.


Existen diferentes negocios dentro la asociación como ser; la venta de comida, de lácteos, cereales, pero la actividad principal es la confección de polleras y ropa en general para cholitas (vestimenta típica en algunas regiones del altiplano ) luego venden sus productos en la feria de la 16 de julio, pero esta feria solo les permite vender dos veces por semana por lo que necesitan crédito para poder alquilar tiendas para ofrecer sus prendas todos los días, de esta manera generar mayores ingresos que les permita ofrecer bienestar a 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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of El Ceibo Group's $4,450 loan helped a member they need a loan to be able to rent spaces for their businesses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 10, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009