Check out some available loans that are similar to this one!
La Exaltación Group
In this Group: Katterine, Mario Arturo, Carlos*, Silveria, Yolanda, Gloria Margarita, Matilde, Lorena, Paola Andrea, Pura, Veronica Katusha, Maria Solange, Carla
* not pictured
The members of the group “La Exaltación” (The Exaltation) are represented by Ms. Katterine. The group, in its second cycle, is comprised of 13 members who demonstrate punctuality, responsibility, and and a desire to move forward to give their families a better quality of life.

The majority of the members sell food, but others sell sweets or clothes or offer services like carpentry or welding.
Competition in the area is high but the group members know how to cope thanks to their experience and willingness to work.

The loan will go towards the purchase of materials, supplies, and tools that will help increase profits which their families depend on.
View original language description ↓
Los miembros del grupo “La Exaltación” se encuentran representados por la señora Katterine y conformada por 13 miembros que van cursando su segundo ciclo demostrando puntualidad, responsabilidad y ganas de salir adelante para brindarles a sus familias una mejor calidad de vida. En su mayoría las socias se dedican a la venta de comida pero también y en menor cantidad a la venta de dulces, ropa y al servicio de carpintería y soldadura. La competencia en el ámbito comercial es alta pero los miembros del grupo saben como salir adelante gracias a su experiencia y sus ganas de trabajar. El destino del financiamiento es para la adquisición de materiales, insumos y herramientas que ayuden a generar un mayor ingreso ya que de ello depende el sustento de sus familias.

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
  • 163
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Exaltación Group's $3,175 loan helped a member purchasing materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010