Socios Unidos Group


Status: Paid Back

$2,450.00   Loan Request
$2,450.00   Paid Back

About the Group

Group Name: Socios Unidos Group
Group Members: Walter Flores Zabala
Teresa Via De Roca
Carmen Silva Mendez Vaca
Nancy Yavita Vargas
Roxana Chigeme Suarez
Melina Mendez Vaca
Maria Mery Zabala
Mariza Vasquez
Katia Surubi Manaca
Ramon Caballero Rojas
Rosa Mendez Cabrera
Guadalupe Mendez Vaca
Tatiana Garcia Manguita
Location: Santa Cruz De La Sierra, Bolivia
Activity: Food Production/Sales

About the Loan

Loan Amount: $2,450.00
Loan Use: Purchase more merchandise to sell
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 4, 2008
Date Disbursed: Sep 19, 2008
Date Funded:Sep 5, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:United States Dollars (USD)



The Socios Unidos ("United Partners") group is made up of eleven women and two men who live in the El Abasto area of Santa Cruz de la Sierra. The group members are involved in different business activities. Many of the women sell food: Guadalupe, Rosa, Mariza, Mery and Teresa sell prepared meals, chicken, bread and honey; Katia sells cosmetics; Roxana is an Avon representative; Nancy works at an Internet café; Tatiana sells handicrafts; Melina sells jewelry; Carmen works as a judicial solicitor; Ramon is an electrician; and Walter works at a karaoke lounge. Most of the group members have one to three years of experience with their businesses, though some have more. Rosa and Melina have six and seven years of experience, respectively, and Ramon has 20 years of experience.


Most of the group's female members plan to use the loan to expand their businesses by purchasing more merchandise to sell. The two men plan to buy more tools and equipment with their loans.


Most of the group members have participated in group loans before at other financial institutions or foundations, but this will be Socios Unidos's first loan cycle as a group with AgroCapital.



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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Journal entries for Socios Unidos Group


Loan has been disbursed
 
Entrepreneur: Socios Unidos Group
Location: Santa Cruz De La Sierra, Bolivia

Thank you for your loan. It has been disbursed to the Socios Unidos group, consisting of Guadalupe Mendez Vaca, Rosa Mendez Cabrera, Ramon Caballero Rojas, Katia Surubi Manaca, Mariza Vasquez, Maria Mery Zabala, Melina Mendez Vaca, Roxana Chigeme Suarez, Nancy Yavita Vargas, Carmen Silva Mendez Vaca, Teresa Via De Roca, Walter Flores Zabala, Tatiana Garcia Manguita by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 3 months, 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 Santa Cruz De La Sierra, Bolivia
Sep 19, 2008
Comments (1)

Kiva Help Repayment Schedule for Socios Unidos Group

  Expected Repayments Actual Repayments Comments
December 2008 $816.66 $817.00 Repayment Received
January 2009 $816.66 $816.33 Repayment Received
February 2009 $816.68 $816.67 Repayment Received