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San Silvestre Group
In this Group: Leonidas, Yobana, Miguel Angel, Aquiles, Sara, Isabel, Edi, Porfidio, Freddy Einar*, Tatiana, Maria, Nora, Alicia, Rosa, Sulma, Bertha
* not pictured
The San Silvestre group is maD. up of sixteen members who are represented by Leonidas. The majority of the group members are farmers who grow rice and sugar cane. The rest of the members sell replacement parts, empanadas, and groceries in neighborhood stores. Some members knit wool sweaters.

In spite of the great number of competitors, the members believe in the quality of their products. But, they need capital to invest in work tools and raw materials to increase their income and improve their families’ quality of life.

The group is relatively new, but they have experience with previous loan from entities that are similar to the Agrocapital foundation. Agrocapital offers them economic support to expand and improve their small businesses.
View original language description ↓
El grupo “San Silvestre” esta conformada por 16 miembros representados por el señor Leonidas. Una mayoría D. los miembros del grupo se dedican a la agricultura D. arroz y caña, el resto D. los socios se dedican a la venta D. repuestos, empanadas, abarrotes en tiendas D. barrio y al tejido D. chompas D. lana. A pesar D. los altos niveles competitivos los socios creen en la calidad D. sus productos pero necesitan capital para invertir en herramientas D. trabajo y materia prima para incrementar sus ingresos y mejorar la calida D. vida D. sus familias. El grupo es relativamente nuevo pero cuentan con la experiencia D. créditos anteriores en entidades similares a la fundación Agrocapital quien les brinda un apoyo económico para crecer y mejorar sus pequeños negocios.

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

  • $5,500
    Average annual income
  • 223
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of San Silvestre Group's $3,775 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
Jun 14, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009