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25Th Of May Group
In this Group: Deisy, Liliana, Francisco, Sergio, Melfy, Nomey Andrea, Roxana, Anselma, Deisy Soledad, Yenny, Martha, Joanny, Olvi, Arcenio, Luisa, Maria Patricia, Argentina
The group “25th of May” is a newly formed group with 17 members. They are represented by Señora Deysi. The majority of the members live in the same neighbourhood and have known each other for a long time. In general, the members of the group work in sales of different products like sweets, groceries in neighbourhood shops, chicken, bread, empanadas, catalogue cosmetics, and the service of constructing homes.

The group is aware of competition nearby, but they trust in their years of experience and in the loyalty of their clients. The use of this loan is to acquire materials, ingredients, and tools to help them make a better income in order to be able to proviD. a better environment for their families. In respect to the experience of the members with group loans, they have experience due to prior loans with institutions similar to Fundación Agrocapital that have brought economic help for the sustenance of their families and the improvement of the lives of each one of them.
View original language description ↓
El grupo “25 D. Mayo” es un grupo nuevo conformado por 17 integrantes representados por la señora Deysi, una mayoría D. los miembros radica en la misma zona por lo que se conocen D. mucho tiempo atrás. En general los socios del grupo se dedican a actividades D. venta D. diferentes productos como dulces, abarrotes en tiendas D. barrio, pollo, pan, empanadas, cosméticos por catálogos y al servicio D. construcción D. viviendas. El grupo esta conciente D. la competencia a su alrededor pero confían en sus años D. experiencia y en la confianza D. sus clientes. El destino del financiamiento es para la adquisición D. materiales, insumos y herramientas que ayuden a generar un mayor ingreso para poder dotar a sus familias D. un mejor entorno. Respecto a la experiencia D. los integrantes en créditos solidarios cuentan con la misma debido a anteriores financiamientos en instituciones similares a la fundación Agrocapital que les brinda un apoyo económico para el sustento D. sus familias y el mejoramiento D. vidas D. cada una D. ellas.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $28,726,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD