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15 De Diciembre Group
In this Group: Sonia, Maria Del Carmen, Susana, Claudia, Maria Eugenia, Nancy, Angel, Carola, Yessica Denise, Ines, Lucinda, Maria Luz, Maria Geovanna, Lola , Carola, Rosa Liliana, Glenda
The members of this group all live in the same community, and know each other very well. They have a surprising diversity of businesses. One woman buys and sells pigs, and would like a loan to buy more pigs to increase her business. Other women have stores that sell cosmetics, meals, and groceries, and would like to buy more stock for their stores. One member is a bricklayer who works in the area. In addition, some women have bread shops, fruit stands, and soft drink stands. All of the women are committed to improving their businesses by increasing their stock and paying back their loan on time. This group have previous experience with loans.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 15 De Diciembre Group's $4,275 loan helped a member to buy more pigs to increase her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010