Check out some available loans that are similar to this one!
Noel Kemf Group
In this Group: Saida, Esperanza, Isidro, Keibby Rossy, Sonia, Sandra, Bertha, Maria, Marina, Katia, Dora, Benita Elsa, Alba Rocio
The group “Noel Kemf” is led by Saida and consists of 13 members that resiD. in the same neighborhood called Noel Kemf; they all have known each other for many years. The majority of the group members have businesses in the sale of food products, ice, cosmetics through catalogs, clothing, and mechanic garages. Competition in the commercial and services sector is high, but the group members know how to get ahead thanks to their experience and drive to work. The loan will be used to acquire materials, supplies, and tools that will help the group generate higher incomes; their families depend on this income and it will afford them a better quality of life. In respect to their experience in solidarity groups, the majority of the group members have previously obtained loans in entities similar to the Agrocapital Foundation, and they are familiar with the main requisites of these loans, which are honesty, responsibility, and above all a will to work.
View original language description ↓
El grupo “Noel Kemf” esta representado por la señora Saida y conformada por 13 miembros que residen en el mismo bario Noel Kemf final radial 10 donD. todas se conocen desD. hace muchos años. La mayoría D. los miembros del grupo se dedica a actividades comerciales como la venta D. productos como comida, hielo, cosméticos por catálogos, ropa y al servicio en talleres mecánicos. La competencia en el ámbito comercial y D. servicios es alta pero los miembros del grupo saben como salir adelante gracias a su experiencia y sus ganas D. trabajar. El destino del financiamiento es para la adquisición D. materiales, insumos y herramientas que ayuden a generar un mayor ingreso ya que D. ello depenD. el sustento D. sus familias y mejoramiento D. su calidad D. vida. En lo que respecta a experiencia en grupos solidarios la mayoría D. los miembros del grupo obtuvieron financiamientos con anterioridad en entidades similares a la fundación Agrocapital por lo que conocen los requisitos principales que son honestidad, responsabilidad y sobre todo ganas D. trabajar.

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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Noel Kemf Group's $2,650 loan helped a member operation capital (to acquire materials, supplies, and tools).
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