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Flor De Naranjo Group
In this Group: Virginia, Juana, Teodora, Carola, Juana, Mery, Pamela*, Maria, Zoraida, Sandra, Patricia, Ana Isabel
* not pictured
The “Flor de Naranjo” (Orange Blossom) Association is a group of women who are part of the “Juan Pablo II” Community Center, which has been in existence for 12 years. They have been brought together because they need operating capital to continue their business activities, improve their families’ incomes, and supplement their spouses’ earnings. They know that competition exists and are constantly improving so that they can keep up with the marketplace.


The members have different businesses such as selling clothes, groceries, vegetables, cosmetics, and stuffed animal toys. Others manufacture shoes and tapestries. They all need a loan in order to buy merchandise or tools (such as shoe trees) needed for their businesses.

View original language description ↓
“Flor de naranjo” es un grupo de señoras que pertenecen al Centro Focal “Juan Pablo II”, con aproximadamente 12 años de vida, cuentan que se agruparon por la necesidad de contar con un capital de trabajo que les permita emprender un negocio y así mejorar los ingresos de sus familias, ya que lo que los ingresos de sus esposos no alcanzaba, ahora están concientes de que existe mucha competencia y tienen que ir mejorando constantemente para mantenerse en el mercado, así todas tienen negocios diferentes como la venta de ropa, víveres, verduras, cosméticos, peluches, y otras de dedican la producción de zapatos y tapiz. Todas necesitan el préstamo para la compra de mercadería o herramientas de trabajo como una nueva horma de zapato.

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
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Naranjo Group's $3,525 loan helped a member purchase merchandise & tools.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010