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Las Viviendas 2 Group
In this Group: Consuelo, Yenny, Ana, Juvenal, Martha, Yesmine, Rosa, Maria Luisa, Mery Arminda*, Carola, Maria Luisa, Tereza, Yaqueline, Gary Rolando
* not pictured

The Community Bank "Las Viviendas 2" is represented by Consuelo and it is maD. up of 14 other members that have worked together during six past loan cycles. They demonstrated great capacity, responsability, unity and a compromise to keep expanding their businesses with the financial support provided by the institution. Most of the members are involved in construction, tailoring, soft drink sales, prepared foods, baked goods, and secretarial services. The loan will be used as working capital that will be invested intheir small businesses, to increase their earnings. This will translate into a better quality of life for their family, seeing improvements on a daily basis. They are very grateful for the trust that has been given them. They have an even greater will to keep working hard.

View original language description ↓
El banco comunal “Las Viviendas 2” están representados por la señora Consuelo y conformada por 14 miembros antiguo que se encuentran cursando juntos ya su sexto ciclo demostrando mucha capacidad, responsabilidad, unidad y compromiso para seguir creciendo con el apoyo económico que les brinda la institución. La mayoría D. los socios se dedica a actividades como la construcción D. viviendas, a la costura D. prendas D. vestir, a la venta D. refrescos, comida, pan, lubricantes a la prestación D. servicio D. secretaria. El crédito que han obtenido, es para aumentar su capital D. trabajo y emprender pequeños negocios para incrementar más sus ganancias, que se traduce en mejorar la calidad D. vida D. sus familias que día a día van mejorando mas, por ello están muy agradecidos por la confianza depositada para seguir trabajando con mas ganas como hasta ahora.

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
  • 215
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Viviendas 2 Group's $4,700 loan helped a member working Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010