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Generación 2006 Group
In this Group: Maria, Luisa*, Cristina, Fidelia, Lidia, Maria, Lita, Carmen, Freddy, Ursula, Patricia, Eulogia*, Graciela, Rocio
* not pictured
View original language description ↓
In the Villa Exaltación neighborhood of the city of El Alto, there is a center located there with the same name and to it belongs the “Generación 2006” Association. It is a very friendly group who, along with their credit advisor, works with Pro-Mujer with a lot of enthusiasm and desire to improve their businesses. The majority of the women is married and has children of different ages. They tell us that their daily household expenses are increasing all the time and the income they have is not sufficient enough to cover minimum necessities.


This group works principally making handcrafted chocolates. They sell chocolate bars for breakfast, bon bons and chocolates that are cream-filled among others. The group is requesting additional credit to acquire raw materials to increase production and to purchase better quality packaging that their clients will like.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.





En la zona de villa Exaltación de la ciudad de El Alto se encuentra ubicado el centro focal del mismo nombre, a este pertenece la asociación “Generación 2006 por 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 son casadas y niños de distintas edades nos cuentan que los gastos diarios que tienen en sus hogares crecen cada vez mas y los ingresos que tienen ya no son suficientes para cubrir necesidades mínimas
Este grupo se dedica principalmente a la fabricación de chocolates artesanales ofrecen chocolates en barra para el desayuno, bombones, chocolates rellenos y otros, desean mayor crédito para la adquisición de materia prima para ampliar su producción, además de comprar empaques de mejor calidad para el gusto del cliente.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $30,290,750
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Generación 2006 Group's $3,600 loan helped a member purchase raw materials and packaging.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2009