Copo De Nieve Group

In this Group:
JOSEFINA CASTILLO, MANUELA AJATA*, CARMEN MAMANI, RAYMUNDA MAMANI, IMELDA ABASTO, TERESA GUTIERREZ, SANTUSA AJATA*, MODESTA MAMANI, DIONICIA MAMANI, YOLA FLORES, MARGUI CHARCA, JULIO MAMANI
* not pictured

The "Copo de Nieve" (snowflake) association has been part ot the "Pro-mujer" family for about 2 years. It has had 5 loans to date. It is located in the Villa Exaltación area of the city of El Alto.

Its 12 active members have proven themselves capable of meeting their repayment schedules promptly. There are a number of different businesses within the association: production and sale of food, sewing garments, and the sale of fruit and vegetables, mainly in the street.

The "Copo de Nieve" association says it needs more capital to buy larger amounts of merchandise so as to increase earnings and thus improve its members' economic situation.

Translated from Spanish by John Rynne, Kiva Volunteer

La asociación denominada “Copo de nieve” pertenece a la familia de pro-mujer hace dos años aproximadamente, cumpliendo con 5 ciclos de crédito, esta se encuentra en la zona de Villa Exaltación, de la ciudad de El Alto, a la fecha cuenta con 12 miembros activos y han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Existen diferentes negocios dentro la asociación como ser; la elaboración y venta de comida, costura de variedad de prendas, además de la venta de fruta, también la venta de verduras, casi todas realizan sus ventas de forma ambulante.
La asociación copo de nieve, afirma que necesitan mayor capital para la compra de mercadería en mayor cantidad, de esta manera aumentaran sus ganancias con el único objetivo de mejorar su situación económica.



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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