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La Solucion Group
In this Group: Elva, Victoria Vigilia, Filomena, Antonia, Zulema Sofia, Javier, Julia Marcela, Yeny Maria, Monica, Lourdes Jhannel
Antonia F. is a member of “The Solution” group, which belongs to the center city of Juan Pablo. She has been making coverlets for 8 years, and has invested the loans she’s received into her business. She bought industrial machines such as the OVER, since before she only had domestic machines. Now she needs a loan to buy fabric at wholesale. Antonia has 4 children and two grandchildren, and she has trust in the health of Pro Mujer to provide for the necessary controls for her grandchildren. In addition, she enjoys attending the reunions because it is a place for recreation.

The other members also have their businesses, such as furniture, earrings, food, cakes, and clothing sales, and they need a loan to buy merchandise (furniture, earrings, rice, potatoes, cakes) and raw materials (fabric).
View original language description ↓
Antonia F. es una socia del grupo “La Solución” que pertenece al Centro Focal Juan Pablo, ella confecciona fundas hace 8 años, los préstamos que obtuvo ha invertido en su negocio, comprando máquinas industriales como la OVER ya que antes solo tenía máquinas domésticas. Ahora necesita el préstamo para comprar tela por mayor. Antonia tiene 4 hijos y dos nietos y confía en el personal de salud de Pro Mujer para hacer los controles respectivos de sus nietos, además le gusta asistir a las reuniones porque es un espacio de esparcimiento.
Las demás integrantes también tienen sus negocios como la venta de muebles, aretes, comida, pasteles, ropa y necesitan el préstamo par ala compra de mercadería ( muebles, aretes, arroz, papa, pasteles) y materia prima ( tela).

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
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Solucion Group's $2,525 loan helped a member to purchase merchandise and raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010