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23 De Marzo (23Rd Of March) Group
In this Group: Ivette, Maria, Selma, Isidora, Brigida, Yola, Lucy, Brigida, Remigia, Maria, Florencia, Nelly, Olga, Gloria, Lourdes, Santusa, Marua
In the city of El Alto you will find the location of Villa Exaltación. To this area belongs the association “23 de Marzo” (“The 23rd of March”). It is made up of 17 women anxious to improve their tiny businesses.

Most of the women in the group are married and they assert that it is necessary to help their spouses with the household expenses. They currently have an average of 4 children each. Some of them, for different reasons, have separated from their spouses and they have to bear the entire load of the family. Because of this they need more resources to make a living.

The primary activity in the association 23 de Marzo is making blankets, sheets, and also shirts, sports clothing, and more. These articles are sold in Perú, where they sell for more. They need capitol in order to buy more materials in larger quantities, and by this manner increase their production and generate higher earnings for the betterment of their families.
View original language description ↓
En la ciudad de El Alto se encuentra el centro focal de Villa Exaltación a éste pertenece, la asociación “ 23 de marzo ”, integrada 17 mujeres ansiosas de progresar en sus pequeños negocios.
La mayoría en el grupo son casadas y afirman que necesitan ayudar a sus parejas en la economía del hogar, ya que tienen un promedio de 4 niños , muchas de ellas por distintos motivos, se separaron de su pareja y tuvieron que hacerse cargo de su familia por lo que necesitan mayores recursos para subsistir.
La actividad principal en la asociación “23 de marzo” es la costura de edredones, sabanas y también la confección de camisas, ropa deportiva y otros, estas prendas las comercializan al Perú, las venden al por mayor. Ellas precisan capital para comprar materia prima en mayor cantidad de ésta manera aumentar su producción y generar mayores ganancias para el bien de sus familias.

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
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 23 De Marzo (23Rd Of March) Group's $5,000 loan helped a member funds to buy larger quantities of materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 2, 2008
Listed
Sep 17, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009