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Coronado Roca Group
In this Group: Jorge, Betty, Angela, Roxana Maribel, Francisca, Susan, Justina, Beatriz, Maria Elena, Felicia*, Maria Fernanda, Maria Elena*, Lidia Janet, Josefina Marion, Ariela , Daniela Regina
* not pictured
The members of the Coronado Roca Group are represented by Jorge and are maD. up of 16 people who are going through their first cycle with the institution, but they have experience with group loans thanks to entities similar to the Agrocapital Foundation. The majority of the members sell products like cosmetics, sheets, woven bedspreads, vegetables, food, and salteñas (a type of empanada, or stuffed, savory pastry). They also have business activities like sewing articles of clothing, carpentry, and public transportation. As in any area of business, there is always competition, but the members know how to come out ahead by diversifying their products and adapting them to the demands of the market. The loan will go toward the acquisition of raw materials, supplies, and materials such as work tools and merchandise that will help improve their income, increasing their sales and helping improve their families' quality of life.
View original language description ↓
Las socias del grupo "Coronado Roca" están representados por el señor Jorge y conformada por 16 personas las cuales van cursando su primer siclo con la institución pero cuentan con experiencia en grupos solidarios gracias a créditos con entidades similares a la fundación Agrocapital. La mayoría D. los socios se dedican a actividades comerciales D. venta D. productos como cosméticos, sabanas, colchas tejidas, verduras, comida, salteñas y a actividades como la costura D. prendas D. vestir la carpintería y el transporte público D. pasajeros. Como en todo rubro comercial siempre existe la competencia pero las socias saben como salir adelante diversificando sus productos y adecuándolos a las exigencias del mercado. El crédito esta destinado a la adquisición D. materia prima, insumos y materiales así como para la compra D. herramientas D. trabajo y mercadería que ayudaran a mejorar sus ingresos incrementando sus ventas y ayudando a mejorar la calidad D. vida D. sus familias.

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
  • 181
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Coronado Roca Group's $3,950 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010