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Siempre Adelante Group
In this Group: Gricelada, Leticia, Ovidio, Isabel, Arminda, Maria, Julia, Yaquelita, Felipa, Marcelina, Rossmery, Juana
View original language description ↓
The association “Siempre Adelante” [Always moving forward] has worked for many years with the micro-lender Pro-mujer, a Kiva field partner. Association members are from the “Los Andes” zone in the city of El Alto, Bolivia. Most of the members are married with an average of 6 children each, and their children are of varying ages. Group members perform a variety of activities. Arminda, for example, is dedicated to the sale of beef, and Marcelina has a grocery store in her neighborhood. We could mention Leticia’s work, which involves selling gold jewelry. She travels to various parts of the city of La Paz, including Batallas and Achacachi, in order to sell her jewels, taking advantage of holidays when the women dress in their finest attire. Leticia sells her wares for cash or on credit, as do many of her fellow association members. For this reason they need capital in order to invest in their businesses and prosper as both businesswomen and housewives.

Translated from Spanish by Debra Faszer-McMahon, Kiva Volunteer.


La asociación “Siempre Adelante” trabaja hace muchos años junto a la familia de Pro-mujer, la podemos encontrar en el centro focal de la zona Los Andes ubicada en la ciudad de El Alto. Casadas en su mayoría con un promedio de 6 hijos cada una de distintas edades. Existen diversas actividades dentro el grupo, es el caso de Arminda que se dedica a la venta de carne de res o Marcelina tiene una tienda de consumo en su barrio, podemos mencionar la actividad de Leticia que se dedica a la venta de joyas en oro, para lo cual realiza viajes a Batallas, Achacachi, y otras localidades de la ciudad de La Paz, para poder comercializar sus joyas, aprovechando fechas festivas donde las mujeres lucen sus mejores galas, vendiendo al contado y también a crédito. Por lo que al igual que sus compañeras de grupo necesita capital para invertir en su negocio, y de ésta manera prosperar tanto como empresaria como ama de casa.

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
  • $28,685,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Adelante Group's $3,600 loan helped a member this group needs capital in order to invest in a variety of retail businesses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 24, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2009