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Franz Tamayo Group
In this Group: Nicolasa , Herminia , Elizabeth, Victoria, Filomena, Alicia, Feliza, Angelica, Flora , Florencia, Maxima , Rosmery, Maribel
“Franz Tamayo” is a Communal Association of 13 members that belongs to the “Pan-American” Focal Center. At the top is President Nicolasa Q., who is organizing them to move forward with their group. Nicolasa has the business of woven sweaters and needs the loan to buy raw materials like wool. Like Nicolasa, the other members have their respective businesses such as the preparation of clothing, woven blankets, food sales and neighborhood stores.
View original language description ↓
“Franz Tamayo” es una Asociación Comunal que pertenece al Centro Focal “Panamericana”, con 13 integrantes. A la cabeza de su presidenta Nicolasa Q., se organizan para llevar a delante su reunión. Nicolasa tiene el negocio de tejido de chompas y necesita el préstamo para comprar materia prima como lana. Al igual que Nicolasa las demás integrantes tienen sus respectivos negocios como la confección de ropa, tejido de mantillas, venta de comida y tienda de barrio.


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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,578,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Franz Tamayo Group's $4,925 loan helped a member purchase of goods and raw materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jul 7, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010