Las Puntuales Group


Status: Paid Back

$2,225.00   Loan Request
$2,225.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)
Group Name: Las Puntuales Group
Group Members: Amada Lourdes
Rosmery
Maria Esther
Vera Lucia
Isabel (not pictured)
Eduardo
Laura
Liliana Lourdes
Maria Silvia Eugenia
Rolando
Eva
Cristina
Sandra Livian
Location: Location Undisclosed, Bolivia
Activity: Retail

About the Loan

Loan Amount: $2,225.00
Loan Use: Buy bulk merchandise to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 1, 2008
Date Disbursed: Oct 15, 2008
Date Funded:Oct 1, 2008
Loan Ended:Feb 15, 2009

About the Country

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



The Las Puntuales (Punctual Women) group is made up of 11 women and 2 men who live in the tropical Santa Cruz region of eastern Bolivia. All of the group members live in the same neighborhood and know each another well; they are committed to guaranteeing one another's loans and to making their repayments on time.


Each of the group members has his or her own business: some sell clothing, cosmetics, party favors, appliances, beef, and coca leaves; others are tailors and seamstresses. Most have between one and five years of experience in their respective businesses, though Rosmery has been selling party supplies for 40 years!


Most of the group plans to use their Kiva loan to buy more merchandise to sell. Most group members have previous experience with group loans at other Bolivian microfinance institutions.



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 Las Puntuales Group


Loan has been disbursed
 
Entrepreneur: Las Puntuales Group
Location: Location Undisclosed, Bolivia

Thank you for your loan. It has been disbursed to the Las Puntuales group, consisting of Cristina, Eva, Rolando, Maria Silvia Eugenia, Liliana Lourdes, Laura, Eduardo, Isabel, Vera Lucia, Maria Esther, Rosmery, Amada Lourdes, Sandra Livian 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 Location Undisclosed, Bolivia
Oct 15, 2008
Comment on this entry

Kiva Help Repayment Schedule for Las Puntuales Group

  Expected Repayments Actual Repayments Comments
January 2009 $741.67 $741.67 Repayment Received
February 2009 $741.67 $741.67 Repayment Received
March 2009 $741.66 $741.66 Repayment Received