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Gaia Group
In this Group: Lotty, Antonia Guadalupe, Karen, Eduardo, Aleyda, Lucinda*, Diego Israel, Isidora*, Guadalupe, Arleth Prisila, Bertha, Leida
* not pictured
The "Gaia" communal bank is maD. up of a group of members who have prior experience working in support groups and have complied responsibly and on time with previous loans in institutions similar to Fundación Agrocapital. The 12 members of the group have chosen Lotty as their representative. Lotty and most of the group sell products such as groceries in neighborhood stores, food, clothing and shoes and the rest of the group work at different activities such as making wood furniture, public transportation and cutting hair in beauty shops. There is a lot of competition in the marketplace and the members have to try doubly hard to earn money for their households. For this reason they need financing which will help them grow their small businesses so that with more merchandise and working tools in good condition they can generate more income, thus providing a better standard of living for their families.
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El banco comunal " Gaia" esta conformado por un grupo D. socias que cuenta con experiencia D. trabajo en grupos solidarios ya que cumplieron con responsabilidad y puntualidad con sus anteriores financiamientos en entidades similares a la fundación Agrocapital. Los 12 miembros del grupo eligieron como su representante a la señora Lotty quien al igual que el resto del grupo se dedica a la comercialización D. productos como venta D. barrotes en tiendas D. barrios, venta D. comida, ropa, zapatos y el resto D. los miembros del grupo se dedican a actividades como a la elaboración D. muebles D. madera, al servicio D. transporte público y a cortes D. cabello en peluquerías. Dentro del rubro comercial existe gran demanda y oferta D. productos por lo que los socios deben esforzarse el doble para poder llevar el pan D. cada día a sus hogares, es por esta razón que requieren del financiamiento ya que coadyuvara al crecimiento D. sus pequeños negocios para que estos con mayor mercadería y con herramientas en buen estado generaran mayor ingreso pudiendo así brindar una mejor calidad D. vida para sus familias.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,675,275
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD