Bichitos Group


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Group

Group Name: Bichitos Group
Group Members: Ines Morales
Cesar Morales
Location: La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $700.00
Loan Use: To increase capital and provide a wider range of merchandise.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2008
Date Disbursed: Jun 9, 2008
Date Funded:May 26, 2008
Loan Ended:Oct 11, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.2850 BOB = 1 USD



Sr. Cesar is 30 years old, married, and has three young children. His wife helps him sell clothing so that he can travel into the interior of the country to make sales. (He goes to the small towns of Los Yungas.) Their home is rented, and the family’s sole source of income is generated by this business. It is located on the main street of the busy business area. He is a good member of the organisation.



50 year-old Sra. Ines is married and has two children in a state high school. Her husband works with her. She lives in her sister’s house which has only three rooms. She also is an excellent member of the organisation. Her sales booth is located in the main square of La Paz.

Translated from Spanish by Jane Agg, Kiva Volunteer.



El sr. Cesar tiene 30 años de edad, casado, tiene tres hijos pequeños la esposa le ayuda en la venta de ropa ya que él viaja a vender al interior (Los pueblos que están ubicados en los Yungas). La vivienda es alquilada, el único ingreso que tiene es el que le genera ese negocio el cual está ubicado en la avenida principal de una zona comercial de gran afluencia. E s buen cliente .



La Sra. Ines es casada tiene 50 años de edad, con dos hijos que están en secundaria en colegio estatal. El esposo le ayuda trabaja juntamente con la ella. Vive en la casa de su hermana, ocupa solamente 3 habitaciones.
Es excelente cliente, su puesto de venta esta ubicado en la Plaza principal de la ciudad de La Paz


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

Good Dogg
Front Porch, www.kivafriends.org
United States

Bryan
Glasgow, FL
United Kingdom

Claus-Peter
www.kivafriends.org,
Germany

Dafydd & Rannette
Las Vegas, NV
United States

Sam Snyder
Lawrence, KS
United States

Shiv Shreya
Montreal, Quebec
Canada

Jenn and Dan
Taipei Taiwan,
Taiwan

Daniel
Eden Prairie, MN
United States

Ray
Glasgow, Scotland
United Kingdom

Andrew
Egham, Surrey
United Kingdom

Philip & Cathy
Castle Rock, CO
United States

Odette
Gibsons, British Columbia
Canada

Karen
Wayne, NJ
United States

Sybrand
Leiden,
Netherlands

Bohica
San Antonio, TX
United States

Laurent D
Brussels,
Belgium

Sue
Austin, TX
United States

Robert & Claudia
San Antonio, TX
United States

Raymond
Melbourne, Victoria
Australia

David and Amanda
Oak Park, IL
United States

kathleen
kivafriends.org, KS
United States



Journal entries for Bichitos Group


Loan has been disbursed
 
Entrepreneur: Bichitos Group
Location: La Paz, Bolivia

Thank you for your loan. It has been disbursed to the Bichitos group, consisting of Cesar Morales, Ines Morales by Emprender in Bolivia. We are excited to watch this business grow. Over the next 4 months, Emprender will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz, Bolivia
Jun 10, 2008
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Kiva Help Repayment Schedule for Bichitos Group

  Expected Repayments Actual Repayments Comments
September 2008 $175.00 $175.00 Repayment Received
October 2008 $175.00 $175.00 Repayment Received
November 2008 $175.00 $175.00 Repayment Received
December 2008 $175.00 $175.00 Repayment Received