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Luz Viva Ii Group
In this Group: Laureana, Emma, Guillermina, Elsa, Monica, Juana, Agustina, Hortencia, Eusebia, Roxana, Ruth, Nieves
The association "Living Light II" is the focal center of the village of Tejada. It is headed by Laureana Q., who has worked together with Kiva partner Pro-Mujer for approximately 10 years. The women say that when they have had problems with their companions sometimes they have needed to become economically independent, but they didn't have any capital to start a business of their own. Now, thanks to the group, some of them are dedicated to making and selling food, but the majority of them make a living selling various clothing items for all ages. These products are sold mainly in the Tihuanacu market located in the city of El Alto. The women affirm they need more capital for the purchase of these products in larger quantities so they can be able to travel to the country's interior and sell their clothing items so they can generate more income.
View original language description ↓
La asociación "Luz Viva II" pertenece al centro focal de villa Tejada ala cabeza de Laureana Q. trabajan junto a Pro-Mujer hace 10 años aproximadamente. Ellas cuentan que luego de tener problemas con sus parejas en algunos casos necesitaban de independizarse económicamente, pero no tenían nada de capital para emprender un negocio propio. Actualmente algunas se dedican a la elaboración y venta de comida pero la mayoría de ellas se dedican a la venta de ropa variada , para todas las edades, estas prendas son comercializadas principalmente en el mercado tihuanacu ubicado en la ceja de la ciudad de El Alto .
Afirman que necesitan de mayor capital para la compra de mercadería en mayor cantidad para poder viajar al interior del país y vender sus prendas, con la seguridad de generar mayores ingresos.

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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Viva Ii Group's $4,525 loan helped a member increase capital to purchase larger quantities of items for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 7, 2008
Currency Exchange Loss:
Covered
Ended:
May 20, 2009