Check out some available loans that are similar to this one!
San Martin Group
In this Group: Maria Delcy, Ana Maria, Angelica, Bertha, Daniela, Jenny Magdalena, Maria Elena, Maria Gladys, Matilde, Piuca, Ustina, Yanet
San Martin is a group of 12 women who are taking out their first loan. These women mainly sell food. One woman sells bread, another fast food, and a third cooks entire meals. Others make a living selling clothes and cosmetics.

Seven of the twelve women have previous experience taking out institutional loans, while the other are taking out their very first loans. All of them are looking forward to expanding their businesses with the food, cosmetic, and clothing products they will purchase with their loan.

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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of San Martin Group's $2,075 loan helped a member buy inventory and improve quality of products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009