Flor De Naranjo Group


Status: Paying Back

$3,525.00   Loan Amount
72% repaid

About the Group

Group Name: Flor De Naranjo Group
Group Members: VIRGINIA MOLLINEDO LOPEZ
JUANA MAMANI MALDONADO
TEODORA CHOQUE MENDOZA
CAROLA GUZMAN NOEMI
JUANA SARMIENTO INTA
MERY FERNANDEZ CHURQUI
PAMELA CHOQUE MOLLINEDO (not pictured)
MARIA QUISPE SONCO
ZORAIDA QUISPE CONDE
SANDRA SUXO HUANCA MONICA
PATRICIA CHOQUE MOLLINEDO
ANA ISABEL MAMANI SARMIENTO
Location: La Paz / El Alto, Bolivia
Activity: Retail

About the Loan

Loan Amount: $3,525.00
Loan Use: Purchase merchandise & tools
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 1, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Aug 22, 2009

About the Country

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



The “Flor de Naranjo” (Orange Blossom) Association is a group of women who are part of the “Juan Pablo II” Community Center, which has been in existence for 12 years. They have been brought together because they need operating capital to continue their business activities, improve their families’ incomes, and supplement their spouses’ earnings. They know that competition exists and are constantly improving so that they can keep up with the marketplace.


The members have different businesses such as selling clothes, groceries, vegetables, cosmetics, and stuffed animal toys. Others manufacture shoes and tapestries. They all need a loan in order to buy merchandise or tools (such as shoe trees) needed for their businesses.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


“Flor de naranjo” es un grupo de señoras que pertenecen al Centro Focal “Juan Pablo II”, con aproximadamente 12 años de vida, cuentan que se agruparon por la necesidad de contar con un capital de trabajo que les permita emprender un negocio y así mejorar los ingresos de sus familias, ya que lo que los ingresos de sus esposos no alcanzaba, ahora están concientes de que existe mucha competencia y tienen que ir mejorando constantemente para mantenerse en el mercado, así todas tienen negocios diferentes como la venta de ropa, víveres, verduras, cosméticos, peluches, y otras de dedican la producción de zapatos y tapiz. Todas necesitan el préstamo para la compra de mercadería o herramientas de trabajo como una nueva horma de zapato.


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

Chris
Verona, WI
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Good Dogg
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Paul
Omaha, NE
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JUAN RAFAEL
TORRENT, Valencia
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Lauren
carlisle, Cumbria
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Nazaret
Lublin, Poland
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Jillian
Vence,
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Shree
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RaviG
Los Altos Hills, CA
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Jodi
Calgary, Alberta
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Sue
Austin, TX
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Chris
Atlanta, GA
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Tom
Carbondale, IL
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Springfield
Beverly Hills, CA
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Bert-Ake
Hasselby, Sweden
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Alan
Dollard-des-Ormeaux, Quebec
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Wolfgang
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Ramona
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James
Santa Ana, CA
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Vanalee
Tokyo,
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Tom
Osceola, WI
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Tim
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Diane R
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Judith
St. Peter, MN
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Charmaine
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Buchanan Family
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Chris Means
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cats
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Kay
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Steve
San Antonio, TX
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Lydia
Airdrie, Alberta
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Tom
Norwich, VT
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Mark
Newcastle, WA
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Bobby & Marie
Centennial, CO
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David
Yardville, NJ
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Marvin
Carmel, IN
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Songling
Bridgewater, NJ
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Willy
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carien bitar-boerboom
KivaFriends.org, s hertogenbosch
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Tom and Judy
Washington, DC
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CHRIS
MCDONOUGH, GA
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Anonymous
Bloomington, IN
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Roberta
Savage, MN
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Anonymous
Edmonton, Alberta
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Joey
Los Angeles, CA
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Ellen
Haydenville, MA
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Emily
Harrisburg, PA
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Tyce
Arlington, TX
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Pakalulu
Dublin, CA
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Dale
Kirkland, WA
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Jackson
New York, NY
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Barbara
Northville, MI
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Lily's Nana
Baker City, OR
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Sue and Jon
Bainbridge Island, WA
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Darren
Vancouver, British Columbia
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Deanne
Berkeley, CA
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Projectline
Seattle, WA
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Barry and Allegra
Portland, OR
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Blas
Aalen,
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Anonymous
jacksonville, FL
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Eve
Chicago, IL
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Anne
Fort Lauderdale, FL
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Sarayu Cheemalapati
Morrisville, PA
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Matthew
Denver, CO
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Roberto Guillen
San Antonio de los Altos, Miranda
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Naomi
Cambridge, Cambridgeshire
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LoriDuane&Seth&Levi&Sage
Coalhurst, Alberta
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Anonymous
Oyster Bay, NY
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Tim Schroeder
Columbus, OH
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Mitesh
Newton, MA
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Bob & Jean
Boerne, TX
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Lynne & Liz
Burnaby, BC
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Sara
Fredericksburg, VA
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Rupa & Ram
Princeton, NJ
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Anonymous
Phoenix, AZ
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Anonymous
Alvesta,

Anonymous
Bangkok,
Thailand

Chaos Girl
Los Angeles, CA
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Stavra
Wall, NJ
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Jan
Olomouc,
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Josh
Dunlap, IL
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Ed Dombrowski
Richboro, PA
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Champlain College Class
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Victoria
Ft Lauderdale, FL
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Rebecca
Falls Church, VA
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Roberta & Bruce
Niceville, FL
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Anonymous
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Anonymous
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Journal entries for Flor De Naranjo Group


Loan has been disbursed
 
Entrepreneur: Flor De Naranjo Group
Location: La Paz / El Alto, Bolivia

Thank you for your loan. It has been disbursed to Flor De Naranjo Group, consisting of VIRGINIA MOLLINEDO LOPEZ, JUANA MAMANI MALDONADO , TEODORA CHOQUE MENDOZA, CAROLA GUZMAN NOEMI , JUANA SARMIENTO INTA , MERY FERNANDEZ CHURQUI , PAMELA CHOQUE MOLLINEDO, MARIA QUISPE SONCO , ZORAIDA QUISPE CONDE , SANDRA SUXO HUANCA MONICA , PATRICIA CHOQUE MOLLINEDO , ANA ISABEL MAMANI SARMIENTO by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, Pro Mujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz / El Alto, Bolivia
Aug 23, 2009
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Kiva Help Repayment Schedule for Flor De Naranjo Group

  Expected Repayments Actual Repayments Comments
October 2009 $961.38 $961.38 Repayment Received
November 2009 $961.38 $961.38 Repayment Received
December 2009 $640.92 $640.92 Repayment Received
January 2010 $640.92 Available Jan 1  
February 2010 $320.40 Available Feb 1