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Gaviotas Group
In this Group: Viviana, Ictoria, Corina, Gabriela, Silvia, Evelin, Carmen Rosa, Trifonia, Teresa, Carmen, Lizbeth Delia, Veronica, Seferina, Elizabeth
The women in this group are tight-knit and sell a variety of products. Some women sell clothes and cosmetics, while others have food stores. One woman cleans homes, while others sell bedspreads and pillows. Most of the members just started their businesses less than five years ago and are looking to grow their businesses. These businesses help them to earn enough money to pay off their loan. The majority of these women have previous experience taking out loans.

There is considerable competition in all of their markets, but their dedication to their businesses will allow them to grow their businesses.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,385,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Gaviotas Group's $3,550 loan helped a member to further their businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2009
Listed
Jul 10, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2009