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Fanáticas Group
In this Group: Marizol, Juana, Asunta, Dominga, Graciela, Hortencia, Cecilia, Maria, Rosa, Arnold, Maribel, Rosalia, Margarita, Corina, Paulina
The town center Los Andes is located in the city of El Alto, where exists the association "Fanáticas," which has worked together with the group Pro-Mujer for approximately one year, showing gratitude and loyalty to the group. Various activities exist within the association. For example, some are dedicated to the construction and sales of shoes, and some are dedicated to the weaving of vicuna (a llama-like animal of the central Andes that yields a soft wool) blankets, which they sell in the city markets. To increase their production, they need to buy more raw materials, such as cow leather and vicuna wool for weaving blankets. Their dream is to form a large business that will generate greater incomes for their families and provide work opportunities to others.
View original language description ↓
El centro focal Los Andes esta ubicado en la ciudad de El Alto, a éste pertenece la asociación “fanáticas ” que trabaja junto a la familia de Pro-Mujer hace un año aproximadamente , demostrando gratitud y lealtad a dicha institución.
Existen diversas actividades dentro la asociación, por ejemplo se dedican a la confección y venta de zapatos y al tejido de mantas de vicuña, productos que los comercializan en principales mercados de la ciudad.
Para ampliar su producción necesitan comprar materia prima, es decir cuero de vaca y/o cuerina, y fibra de vicuña, para el tejido de las mantas y mantillas, tienen el sueño de formar una empresa grande, que genere mayores ingresos para sus familias y además pueda dar oportunidad de trabajo a otros.

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
  • $29,481,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fanáticas Group's $3,125 loan helped a member buy leather and vicuna wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 19, 2008
Listed
Oct 5, 2008
Currency Exchange Loss:
Covered
Ended:
May 20, 2009