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Socios Unidos Group
In this Group: Guadalupe, Maribel, Ana Alejandra, Herland, Cleider, Mery, Teresa, Tatiana, Katia, Melina, Roxana, Mario, Blanca
The members of the communal bank 'Socios Unidos' are represented by señora Guadalupe and maD. up of 13 members that incluD. a family relationship between señora Guadalupe and Melina, who are sisters, but with totally independent earnings. A large number of the members have grocery stores, cosmetic catalogue sales businesse, and sell clothes, bread, food, and other services. Like in all commercial areas there is always competition for supply and demand but the associates know how to prosper, now that supporting their families depends on this. The loan is destined to increase their merchandise and for the acquisition of consumbales and tools that help to increase their earnings and improve the quality of life of their families, like they have been doing with previous finances. This group has had 3 cycles demonstrating responsbility and honesty in the fulfilment of their obligations.
View original language description ↓
Los miembros del banco comunal "Socios Unidos" esta representado por la señora Guadalupe y conformada por 13 miembros que presentan un parentesco familiar entre la señora Guadalupe y Melina que son hermanas pero con ingresos totalmente independientes. Gran parte D. las socias cuentan con tiendas D. abarrote, ventas D. cosméticos por catálogos, ropa, pan comida y al servicio D. amplificación. Como en todo rubro comercial siempre existe la competencia D. la oferta y la demanda pero las socias saben como salir adelante ya que D. ello depenD. el sustento D. sus familias. El crédito esta destinado para el aumento D. sus mercaderías y la adquisición D. insumos y herramientas que ayuden a incrementar sus ingreso y mejoren la claridad D. vida D. sus familias como lo han ido haciendo con los anterior financiamientos pues este grupo ya lleva junto tres ciclos demostrando responsabilidad y honestidad en el cumplimiento D. sus obligaciones.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Socios Unidos Group's $4,000 loan helped a member capital for operations.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2009
Listed
Jun 13, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009