Las Inseparables Group


Status: Expired

$3,825.00   Loan Request

About the Group

(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)
Group Name: Las Inseparables Group
Group Members: SANDRA
SILVERIA
MARIA ANTONIETA
REINA LIZETH
MARINA
JULIANA
GLADYS
SANDRA SOLEDAD
BEATRIZ
LUISA
ENEIDA
MANUEL RONALD (not pictured)
Location: Location Undisclosed, Bolivia
Activity: Services

About the Loan

Loan Amount: $3,825.00
Loan Use: Operating Funds.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Aug 21, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:6.9700 BOB = 1 USD



The 12 members of the "Las Inseparables" group, led by Mrs. Sandra, are in their third cycle with the institution having demonstrated responsibility, honesty and a desire to get ahead to keep growing with the economic help from the institution. Most of the members are involved in sales of such items as: prepared meals, food, groceries, catalog cosmetic sales, American clothing sales, food, party supplies and decorations. The work of the past two cycles is now beginning to show benefits which creates the need for a new loan so that their businesses can grow and they can increase their inventory in order to offer the marketplace a higher quality product that is more competitive. The members expect to have a productive enterprise that will afford their families a better quality of life and better education for their children.

Translated from Spanish by Michael Bujazan, Kiva Volunteer


El grupo “Las Inseparables” están representadas por la señora Sandra y conformada por 12 miembros ellas van cursando su tercer ciclo con la institución demostrando responsabilidad, honestidad y ganas de salir adelante para seguir creciendo con el apoyo económico que se les brinda la institución. La mayoría de las socias se dedican a la venta de productos como horneados, comida, abarrotes, cosméticos por catalogo, ropa americana, comida, cotillones y adornos. El esfuerzo que vienen realizando desde 2 ciclos anteriores recién empiezan a tener frutos por lo que le nuevo requerimiento del crédito estar destinado al crecimiento de sus negocios y al incremento de su mercadería para ofrecer al mercado un producto de mejor calidad y mas competitivo. Las expectativas de las socias es tener un negocio productivo que les brinde a sus familias una mejor calidad de vida y una mejor educación para sus hijos.


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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Anonymous
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Cait
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Todd
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Stephen
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Kiva Help Repayment Schedule for Las Inseparables Group

  Expected Repayments Actual Repayments Comments
December 2009 $1,530.20 Available Dec 1  
January 2010 $637.01 Available Jan 1  
February 2010 $651.76 Available Feb 1  
March 2010 $666.84 Available Mar 1  
April 2010 $339.19 Available Apr 1