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Flores De Febrero Group
In this Group: Lourdes Corina, Francisca Irma, Eugenia, Leandra, Graciela Amalia, Natalio, Herminia, Daria, Pascuala, Moises Ivan, Maria, Teresa Remedios, Elsa Virginia, Rosa, Josefina
The “F. de febrero” (Flowers of February) Association is a dynamic group of women who draw up their own rules such as the agreed day and time for their meetings, penalties for late payments, etc. The group’s president, Lourdes G., maintains order at each meeting.


Lourdes runs a bookstore and needs a loan to increase her merchandise, such as writing tablets, notebooks, pencils, greeting cards, and other items. The remaining members also have their own businesses selling shoes, clothing, and compact discs. However, the majority have macramé businesses that produce handmade satchels, scarves, and hats. They need a loan to buy supplies such as crochet materials.

View original language description ↓
“F. de febrero” es un grupo de señoras dinámicas que elaboran su reglamento interno, es decir, ponerse de acuerdo en el día y hora de la reunión, así como las multas por retrazo, falta e incumplimiento de la cuota, a la cabeza de su presidenta Lourdes G. quien las dirige bajo un ordenado orden del día.

Lourdes cuenta que ella tiene una librería y requiere del préstamo para incrementar su mercadería , es decir, comprar hojas, cuadernos, lápices, cartulina y otros. Las demás integrantes también tienen su propios negocios como la venta de zapatos, ropa y CD, pero una mayoría tiene el negocio de macramé, es un tipo de tejido que se hace con las manos y pueden elaborar carteras, chalinas y sombreros y necesitan el préstamo para comprar insumos como la cola de rata.

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
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,134,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flores De Febrero Group's $4,150 loan helped a member purchase merchandise & supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010