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Rosas Blancas Group
In this Group: Wilfredo Israel, Rolando, Indira Edith*, Rosario, Dora Maxima, Pelagia, Amparo*, Wendy Odalis, Maria Del Carmen, Janeth, Mary Marcela, Giovanna
* not pictured
The “Rosas Blancas” (White Roses) group begins its third cycle working with the institution. In this cycle there are 12 members, the majority of whom sell used clothing. This type of business requires constant capital to acquire merchandise by the bundle to then sell. Other members sew athletic clothing for the schools and sports stores. Other members sell food, beverages, table cloths and cosmetics via catalog. The business competition is fierce but the members know how to be successful thanks to their years of experience taking care of their customers. The financing will be used in each of their areas, buying items for those that sell used clothing and materials and consumables to help increase their sales in order to provide their families a better quality of life.
View original language description ↓
El grupo "Rosas Blancas" inicia su tercer ciclo de trabajo con la institución en este ciclo son solamente 12 socios de los cuales la mayoría se dedican a la venta de ropa usada actividad que requiere constantemente de capital para adquirir la mercadería por fardos que luego sacan a la venta, los otros socios se dedican a la costura de ropa deportiva que acomodan en los colegios y en tiendas deportivas, otras de las socias se dedican a la venta de comida, refrescos, mantas y a la venta de cosméticos por catálogos. En el ámbito del comercio la competencia es dura pero los socios saben como salir adelante gracias a sus años de experiencia y su calidez para atender a sus clientes. El destino del financiamiento es para el cambio de rubro para los que venden ropa usada y para la compra de insumos y materiales para ayuden a incrementar sus ingresos para poder darles a sus familias una mejor calida de vida.

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
  • 94
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    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.0
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