A loan of $2,650 helped a member purchase of supplies.

Bolivianitas Group's story

The communal association “BOLIVIANITAS” is initiating its third cycle in the focal point of Villa Exaltación. This group consists of nine partners--the oldest partners--and has been with our institution for a year. Heading up the group are the president, treasurer, and secretary.

Maríanela, president, comments that she was invited to form part of the association. Her business is mobile--she works in "Pasanacu" (the Bolivian term for person-to-person lending). Everyday she collects a small sum of money from her customers and then when a certain considerable amount is gathered at the end of a determined time--it could be per week, per two weeks, or per month--the money or provisions are delivered to the winner of the drawing. Eventually the amount of money or provisions rotates around to all her customers. This work permits her to take care of her home and her four children.

As for the rest of the members of "Bolivianitas," they also have their own businesses, such as: provisions commerce, Internet, cheese sales, macrame, cosmetics sales, handicrafts, food sales, and flip flop sales.

In this group: Marianela Angelica, Julia Elena, Janet Carminy, Monica Alina, Evelyn, Beatriz, Nayter, Lesli Yesika, Gissel Pamela

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Translated from Spanish by Kiva volunteer Kate Richardson

Loan details

Lenders and lending teams

Loan details