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Rocio De La Mañana Group
In this Group: Juana*, Ramona*, Fransisca, Flavia, Frumencio, Maria, Maria, Eva, Estela, Mery, Fernalda, Josefa, Nora, Carmen, Ilda, Filomena
* not pictured
The group called "Rocío de la mañana" (Morning Dew) has belonged to the Pro-Mujer family for more than four years and is on their ninth loan. It belongs to the Senkata center located in the city of El Alto. Right now it has 16 members who have proven to be an organized group in terms of paying back their loans and their internal activities. There are different businesses throughout the group such as selling furniture, sheets and blankets, milk, and vegetables. They are requesting bigger credits with the goal of strengthening their capital to buy a larger quantity of products. This is how they will improve their income with the only objective of improving the quality of life of their families.
View original language description ↓
La asociación denominada “Rocío de la mañana” pertenece a la familia de Pro-Mujer hace ya más de cuatro años, cumpliendo con su noveno ciclo de crédito. La mencionada asociación pertenece al centro focal Senkata ubicada en la ciudad de El Alto, a la fecha cuenta con 16 miembros que han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito y actividades internas.
Existen diferentes negocios dentro la asociación como ser; la venta de muebles, venta de sabanas y frazadas, también se dedican a la venta de leche y la venta de verduras. Solicitan mayores créditos con el fin de reforzar su capital para comprar mayor cantidad de productos, con esto mejorarían sus ingresos, con el unico de objetivo de mejorar el estilo de vida 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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rocio De La Mañana Group's $4,350 loan helped a member to buy a larger quantity of products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2009
Listed
Mar 29, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009