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Siempre Amigas Group
In this Group: Maria Del Carmen, Lidia, Juana, Maria Rosario, Vania, Dolly, Claudia, Jacquelin, Rossy, Idolina, Dunia, Hermosinda, Laura, Manuela
The members of the group "Siempre Amigas" (Always Friends) are represented by señora Maria del Carmen. The group is maD. up of 14 members who live in the same neighborhood. Each one of them has her own business selling food, sewing, selling bread, running a grocery store, selling drinks and empanadas, running a hardware store, selling cosmetics, selling sheets and blankets, selling clothing, or running an internet cafe. They say that their competition exists, but in spite of this, they know how to get ahead by working hard and having confidence. They work every day to give their families a better quality of life. The financing will go towards expanding the merchandise in their small businesses so they can generate more income that will result in a better quality of life for their families. Their credit history is very good, and they have experience with communal banks thanks to previous credits from institutions similar to Agrocapital. Within this group, it was noted that the members are very organized, united, and responsible. At each meeting, they have a raffle to grow their treasury, so that at the end of each loan term, they can have savings to help with their families' expenses.
View original language description ↓
Las socias del grupo “Siempre Amigas” están representadas por la señora Maria del Carmen y conformada por 14 miembros los cuales residen en el mismo barrio, cada una D. ellas tienen sus propios negocios D. venta D. comida, costurera, venta D. pan, tienda D. abarrotes, venta D. refrescos empanadas, tienda D. ferretería, promotoras D. cosméticos, venta D. sabanas, edredones, venta D. ropa, cafés Internet. En cuanto a la competencia en sus negocios indican que existe pero pese a eso a ello las socias saben como salir adelante con esfuerzo y confianza trabajando día a día por darles a sus familias una mejor calidad D. vida. El destino del financiamiento es para ampliar la mercadería D. sus pequeños negocios y así poder generar un mayor ingreso que repercute en una mejor calidad D. vida para sus familias. Los antecedentes crediticios del grupo es muy bueno ya que cuentan con experiencia en grupos solidarios gracias a créditos anteriores en entidades financieras similares a la fundación Agrocapital, dentro D. este grupo se pudo observar que son socias muy organizadas, unidas y muy responsables, ya que cada reunión llevan a cabo una rifa para hacer crecer su caja chica y así al finalizar el ciclo puedan tener un ahorro que ayuD. con sus gastos familiares.

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
  • 142
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Amigas Group's $4,350 loan helped a member operating capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 15, 2009
Sep 1, 2009
Currency Exchange Loss:
Jan 15, 2010