Las Lideres Group


Status: Paid Back

$2,800.00   Loan Request
$2,800.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)
Group Name: Las Lideres Group
Group Members: PIEDADES
ROGER
CARMEN ROSA
JUAN DE DIOS ELIA
ROSSE MARY
JULIA
JOSE LUIS
BANESA DURIAN
LORENA
MERCEDES
MIRTHA
MARTHA
JERTRUDIS
CELSA
Location: Location Undisclosed, Bolivia
Activity: Retail

About the Loan

Loan Amount: $2,800.00
Loan Use: working capital
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 23, 2009
Date Disbursed: May 6, 2009
Date Funded:May 24, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD



The group “Las Lideres” is represented by Señora Piedades whose sister Señora Mirtha is also part of the group. Their income is totally independent of each other. The members of the group earn their living in different ways such as selling clothes, shoes, bread, glass, and cosmetics from a catalogue. Competition in the market place increases daily so the members have to improve their products and their sales. For this reason they require financial assistance in order to be able to buy merchandise, materials, and ingredients at low prices. Increased sales and income will allow them to improve the quality of life for themselves and their families. The members have experience with organisations similar to Kiva partner, Agrocapital, but this will be their first loan with our institution.

Translated from Spanish by Jane Agg, Kiva Volunteer


El grupo "Las Lideres " esta representado por la señora Piedades que tienen un parentesco familiar con su Herman la señora Mirtha, ambas tienen ingresos totalmente independientes una de la otra. Los miembros del grupo tienen diferentes fuentes de ingreso entre ellos esta la venta de ropa, zapatos, pan, vidrio y cosméticos por catalogo. Dentro del mercado la competencia crece día a día por lo que las socias deben mejorar sus productos y sus ventas, es por esta razón que requieren del financiamiento para poder adquirir mercadería a bajo precio y materiales e insumos que mejoren sus ventas y por ende sus ingresos para mejorar su calidad de vida y las de sus familias. La socias cuenta con la experiencia adquirida en entidades similares a la fundación Agrocapital pero es la primera vez que trabajan con nuestra institución.


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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Lenders to this group

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Journal entries for Las Lideres Group


Loan has been disbursed
 
Entrepreneur: Las Lideres Group
Location: Location Undisclosed, Bolivia

Thank you for your loan. It has been disbursed to LAS LIDERES Group, consisting of PIEDADES, ROGER, CARMEN ROSA, JUAN DE DIOS ELIA, ROSSE MARY, JULIA, JOSE LUIS, BANESA DURIAN, LORENA, MERCEDES, MIRTHA, MARTHA, JERTRUDIS , CELSA by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, 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
May 25, 2009
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Kiva Help Repayment Schedule for Las Lideres Group

  Expected Repayments Actual Repayments Comments
July 2009 $218.93 $218.93 Repayment Received
August 2009 $445.45 $445.45 Repayment Received
September 2009 $687.59 $687.59 Repayment Received
October 2009 $471.68 $471.68 Repayment Received
November 2009 $482.60 $482.60 Repayment Received
December 2009 $493.75 $493.75 Repayment Received