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Constructor Group
In this Group: Octavia, Basilia, Paulina, Felisa, Julieta Beatriz, Nestor, Adela, Catalina
The "Constructor" community bank is a group of seven women and one man who are beginning their second loan cycle. The members were getting to know each other better over the first loan, and in general it was positive, which is why they have to decided to continue as a community bank and request a new loan from Kiva partner Pro Mujer. Each one of the members has his or her own business, as a service provider, producer or merchant. For example, they sell hats, sow and sell jackets, sell potato flour and corn, sell jellies, and make craft belts. The community bank elected a board of directors consisting of a president, Octavia; a treasurer, Basilia; and a secretary, Adela. Octavia, the president, lives with her husband and two children. She makes a living selling detergents at flea markets in the area where she lives. The markets are on Wednesdays and Saturdays, and she sells items from 7 a.m. until 1 p.m. She started the business after her sister-in-law suggested it. When asked what attracted her to the community bank, Octavia said, "I enjoy everything. I only feel bad if someone is late or doesn't bring a payment."
View original language description ↓
La Banca Comunal “CONSTRUCTOR” es un grupo de 7 mujeres y 1 varón que están iniciando su segundo ciclo. El primer ciclo la asociación fue conociéndose mejor, en general fue positivo, por lo que han decidido continuar como banca comunal y solicitar nuevamente los servicios de Pro Mujer.
Cada una de las socias tiene negocio propio, de servicio, producción o comercio. Por ejemplo,venta de sombreros, costura y venta de chamarras, venta de sombreros, venta de chuño y mote, venta de gelatinas, artesanìa en cinturones.

La B. C. Urkupiña a elegido para su organización una mesa directiva integrada por una presidenta, la señora Octavia, una tesorera, la señora Basilia y una secretaria de actas, la señora Adela.

La Presidenta, la señora Octavia vive con su esposo y sus dos hijos. El negocio que lleva adelante la señora Octavia es la venta de detergentes en la Feria de la zona donde vive. Las ferias son los días miércoles y sábado, el horario de venta es de 7 de la mañana hasta la 1 de la tarde. Inició este negocio por que la cuñada le animó.

Cuando se le consulta a la señora Octavia qué es lo que le atrae de la institución, ella responde “me gusta todo, solo me siento mal si alguien se atrasa o no trae la cuota”.

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

  • $5,500
    Average annual income
  • 127
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Constructor Group's $2,700 loan helped a member purchase powdered detergents.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 18, 2011
Jan 20, 2011
Currency Exchange Loss:
Aug 15, 2011