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Villa El Carmen Group
In this Group: Segunda, Maria Angela, Mary Luz, Enrique, Silvia, Maria Margarita, Rosmery, Victoria, Jorge, Victor, Juana, Ysaura
The Group “Villa el Carmen” is represented by Sra. Segunda and consists of 12 members who are dedicated to succeeding in their small businesses. They offer goods and services such as bread, chicken, clothing, groceries, meat, and auto repairs. The level of business competition is high, but the members are experienced enough to know that they must offer a variety of high-quality products in order to get ahead.

The loan that they have received will be used to augment their operating capital so that they can continue their businesses and increase their earnings. This translates into a better quality of life for their families, which continues to improve gradually each day. For this reason, they are thankful for the confidence placed in them to continue striving for success.

The members are starting their first loan cycle together as a group, but they already have previous experience working with other solidarity groups. They promise to be responsible and cooperative with one another.

View original language description ↓
El grupo “Villa el Carmen” esta representada por la señora Segunda y conformada por 12 miembros dedicados y con ganas de trabajar y salir adelante en sus pequeños negocios de venta de pan, pollo, ropa, abarrotes, carne y de servicio y auxilio mecánico. La competencia a nivel comercial es alta pero la socias tienen mucha experiencia y saben como sacar adelante sus negocios ofreciendo productos variados y de buena calidad. El crédito que han obtenido, es para aumentar su capital de trabajo y emprender pequeños negocios para incrementar más sus ganancias, que se traduce en mejorar la calidad de vida de sus familias que día a día van mejorando mas, por ello están muy agradecidos por la confianza depositada para seguir trabajando con mas ganas. La socias van cursando su primer ciclo pero ya cuentan con experiencia en grupos solidarios por lo se comprometen a dar todo de si para salir adelante con responsabilidad y unidad.

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
  • 152
    View loans »
    Bolivia Loans Fundraising
  • $32,331,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa El Carmen Group's $3,025 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 24, 2009
Sep 1, 2009
Currency Exchange Loss:
Feb 15, 2010