Palo Rosa Uno Group
Status: Paid Back
| $4,775.00 | Loan Request | |
|---|---|---|
| $4,775.00 | Paid Back |
About the Group
| Group Name: | Palo Rosa Uno Group |
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| Group Members: |
Mery Ortiz De Peres Julian Perez Guzman Paulina Castillo Jaime Escarza Barboza Eduardo Cruz Ribera Ana Rosa Carreño Sipe Cristina Terrazas Maria Clory Sandoval Ortiz Rosa Hurtado Masabi Arminda Mamani Bonifacia Mamany Condo Maria Mamani Elena Mamani Conde Matilde Vargas De Garcia |
| Location: | Santa Cruz De La Sierra, Bolivia |
| Activity: | Animal Sales |
About the Loan
| Loan Amount: | $4,775.00 |
|---|---|
| Loan Use: | To buy livestock |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Sep 9, 2008 |
| Date Disbursed: | Sep 23, 2008 |
| Date Funded: | Sep 9, 2008 |
| Loan Ended: | Apr 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: | 7958 |
| Total Loans: | $2,073,150 |
| Delinquency Rate: | 0.45% |
| 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: | United States Dollars (USD) |
Most of the group members have businesses in the German Moreno market selling animals, animal feed, food (sweets, salteña pastries, dry goods, and vegetables), and cosmetics. Most plan to invest their loan in additional livestock or supplies for their respective businesses.
The group's president, Elena Mamani, has bought and sold livestock in this market for more than 15 years. She says that she is very happy to be working with the institution, having been a client now for more than a year. Newly reorganized, the group is quite excited to begin working toward common goals.
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 Palo Rosa Uno Group
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Loan has been disbursed
Location: Santa Cruz De La Sierra, Bolivia
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Posted by
from Santa Cruz De La Sierra, Bolivia
Sep 24, 2008 |
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Comment on this entry
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SEGUIMIENTO PALO ROSA
Location: Santa Cruz De La Sierra, Bolivia
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Posted by
Paola Gutierrez from Santa Cruz De La Sierra, Bolivia
Nov 16, 2009 |
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Comment on this entry
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Repayment Schedule for Palo Rosa Uno Group
Repayment Schedule for Palo Rosa Uno Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $795.83 | $796.00 |  Repayment Received
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| January 2009 | $795.83 | $795.66 | Repayment Received
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| February 2009 | $795.83 | $795.83 | Repayment Received
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| March 2009 | $795.83 | $795.83 | Repayment Received
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| April 2009 | $795.83 | $795.83 | Repayment Received
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| May 2009 | $795.85 | $795.85 | Repayment Received
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