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Flor De Vida Group
In this Group: Zenobia, Ana, Vicenta, Tomasa, Nely, Julia, Gregoria, Felicidad, Helen, Martin, Olga *, Mercedez , Carmen
* not pictured
In the community center of Villa Adela, you will find the “Flor de Vida” communal bank group with its 13 members. All of them have different retail businesses: socks, toys, detergents, fruit, meat and other items. They need a loan to purchase merchandise and improve their cash flow.


One example is Julia M., who needs a loan to diversify her inventory of products. She wants to buy sportswear since it is in great demand.

View original language description ↓
En el Centro Focal “Villa Adela” se encuentra la Asociación Comunal “Flor de vida” con 13 integrantes, todas tienen diferentes negocios como; venta de medias, juguetes, detergentes, fruta, carne y otros, ellas necesitan el préstamo para comprar mercadería y así tener mayor movimiento económico, solo como ejemplo Julia M. necesita el préstamo para diversificar sus productos, ahora quiere comprar deportivos porque ha visto que tiene más demanda.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Vida Group's $3,475 loan helped a member purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2009
Listed
Jul 8, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010