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Gaviotas Group
In this Group: Luz Maria*, Alicia, Nancy, Gregoria, Felicidad, Felicidad, Ana Maria, Guillermina, Wilma, Silvana Luz Maria, Monica Lourdes, Angelica, Andrea
* not pictured
Nancy M. is a member of the Gaviotas Community Bank, which is part of the Juan Pablo Community Center. She has belonged to the group for four years.

Nancy used to sell automobile oil, but with the passing of time this business did not generate enough income. She decided to change businesses. She now has a grocery store. She sells rice, noodles, and flour. She needs a loan to have more merchandise for her store.

Like Nancy, the other members of Gaviotas have their own businesses like selling clothes, stuffed animals, and food. They need the loan to be able to buy merchandise (mantillas, underwear, rice, and noodles).
View original language description ↓
Nancy M. es integrante de la Asociación Comunal “Gaviotas” que es parte del Centro Focal “Juan Pablo” pertenece al grupo hace 4 años. Nancy en el pasado vendía aceite de auto, pero con el tiempo este negocio no generaba suficientes ingresos y decidió cambiar de negocio, ahora tiene una tienda de abarrotes vendiendo arroz, fideo, harina, para lo cual necesita el préstamo y tener mayor mercadería.

Al igual que Nancy las demás integrantes de “Gaviotas” tienen sus propios negocios como la venta de ropa, peluches y comida y requieren el crédito para comprar mercadería (mantillas, ropa interior, arroz y fideo)

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Gaviotas Group's $4,700 loan helped a member buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010