San Martin Group
Status: Paid Back
| $2,075.00 | Loan Request | |
|---|---|---|
| $2,075.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)| Group Name: | San Martin Group |
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| Group Members: |
MARIA DELCY ANA MARIA ANGELICA BERTHA DANIELA JENNY MAGDALENA MARIA ELENA MARIA GLADYS MATILDE PIUCA USTINA YANET |
| Location: | Location Undisclosed, Bolivia |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $2,075.00 |
|---|---|
| Loan Use: | Buy inventory and improve quality of products |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | At end of term |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | May 29, 2009 |
| Date Funded: | Jul 21, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Fundación AgroCapital, a partner of ACDI/VOCA |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 8036 |
| Total Loans: | $2,092,175 |
| Delinquency Rate: | 0.44% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Bolivia |
|---|---|
| Avg Annual Income: | $2,817.00 |
| Currency: | Bolivia Bolivianos (BOB) |
| Exchange Rate: | 7.0200 BOB = 1 USD |
San Martin is a group of 12 women who are taking out their first loan. These women mainly sell food. One woman sells bread, another fast food, and a third cooks entire meals. Others make a living selling clothes and cosmetics.
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
Seven of the twelve women have previous experience taking out institutional loans, while the other are taking out their very first loans. All of them are looking forward to expanding their businesses with the food, cosmetic, and clothing products they will purchase with their loan.
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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Scott Leibrand
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William
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Mattias
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Milus
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Patricia
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Debra
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Laurent D
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Andy&Laura
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John
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Frank
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Marcel
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Susan
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Anonymous
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Lynn
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Sicco van Hoegee
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Bob & Sandy
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Frank
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Sim Yoe
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Silvia
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sabine
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Krissy and Raffi
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Karim
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Rick
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REK
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Jon
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Olin & Luanne
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Vicki
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JoJo's kitten
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Anonymous
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Brad
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Anonymous
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Teekam
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Jana
Houston, TX
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Jillian
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Anonymous
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Frank
Brooklyn, NY
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Alison
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Don& Michelle
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Johnny
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Greg
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Journal entries for San Martin Group
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Loan has been disbursed
Location: Location Undisclosed, Bolivia
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Posted by
from Location Undisclosed, Bolivia
Jul 22, 2009 |
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Comment on this entry
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Repayment Schedule for San Martin Group
Repayment Schedule for San Martin Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $0.00 | $1,007.41 | |||
| November 2009 | $0.00 | $208.59 | |||
| December 2009 | $2,075.00 | $859.00 |  Repayment Received
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