Tilata Group

Status: Paid Back

$4,725
Loan Request
Pre-Disbursed : Oct 30, 2008
Listed: Nov 17, 2008
Funded: Nov 19, 2008
$4,725
Paid Back
Ended: May 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0551 BOB = 1 USD


In this Group:
AYDEE, YANEHT, GLADYS ROSALIA, ANGELINA*, OLIVIA MARISOL, URSINA, CASTA SEGUNDINA, VICTORIA*, MARIA DEL CARMEN, BASILIA CATALINA, JULIA, MERY, YOLANDA, HILARION, MODESTA
* not pictured

About the Loan

(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)
Location: Location Undisclosed, Bolivia   Repayment Term: 8 months
(more info)
Activity: Services   Repayment Schedule: Monthly
Loan Use: To use as business capital   Currency Exchange Loss: Covered
      Default Protection: Covered
The group TILATA comprises only women, most of them living in the Tilata area of the city of El Alto.


The administration of this group is directed by Aydee, who is the president and her two assistants Ursina and Yaneht.


These associates run businesses such as the confection and sale of articles of clothing made from wool and other materials, the sale of fruit and vegetables and other foods, and the sale of plastic, jewelry, toys and CDs. This group is starting it's 4th cycle, most of the women already know about working in solidarity; it's a group of happy people and of entrepreneurs.


The financing is destined to be invested as business capital to help grow their businesses.


Translated from Spanish by Beatriz Yuste, Kiva Volunteer


El grupo TILATA, esta conformado por señoras que en su mayoría radican en la Zona denominada Tilata de la ciudad de El Alto de ahí el nombre de las integrantes del grupo.
La directiva esta conformada por las señora Ayde que es su presidenta y sus dos colaboradoras directas la señora Ursina y Janneht; Las socias se dedican a la venta y confesión de prendas de vestir de lana y de otros materiales, venta de verduras y frutas así como a la venta de comida y la comercialización de plásticos, joyas, juguetes y Cds. Este grupo esta emprendiendo su cuarto ciclo, la mayoría de ellas ya se conocen el trabajo de grupos solidarios, es un grupo de personas muy alegres y emprendedoras. El destino del financiamiento es para el incremento de capital y de insumos para hacer crecer sus negocios.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Christy
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Richard
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Craig
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Mark
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Joe
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Hannah
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Anne
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Kelly & Nick
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c-h-m
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Renate
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Martin
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Marc
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Garry
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James
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Peter
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Nanny
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Anonymous
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Journal entries for Tilata Group


Loan has been disbursed
 
Entrepreneur: Tilata Group
Location: Location Undisclosed, Bolivia

Thank you for your loan. It has been disbursed to the AYDEE LOVERA FLORES group, consisting of AYDEE, YANEHT, GLADYS ROSALIA, ANGELINA, OLIVIA MARISOL, URSINA, CASTA SEGUNDINA, VICTORIA, MARIA DEL CARMEN, BASILIA CATALINA, JULIA, MERY, YOLANDA, HILARION, MODESTA by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 5 months, Fundación Agrocapital, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Bolivia
Nov 20, 2008
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Kiva Help Repayment Schedule for Tilata Group

  Expected Repayments Actual Repayments Comments
January 2009 $787.50 $787.50 Repayment Received
February 2009 $787.50 $787.50 Repayment Received
March 2009 $787.50 $787.50 Repayment Received
April 2009 $787.50 $787.50 Repayment Received
May 2009 $787.50 $787.50 Repayment Received
June 2009 $787.50 $787.50 Repayment Received