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La Esperanza Dos Group
In this Group: Neli, Cinthia Lorena, Victor Alfonso , Casta, Evita, Patricia, Martha, Roque, Rodrigo, Patricia, Zulma, Patricia Liliana, Elizabeth, Maria Elia*, Regina
* not pictured

The Community Bank "Los Esperanza Dos" is represented by Neli, and it is made up of 15 other members who sell vegetables, clothing, prepared foods, and provide public transportation as well as construction services. There is a great deal of competition in the market but the members are highly experienced and they know how to prosper their businesses, offering variety and quality in their products. The loan they have requested will be used as working capital to invest in their small busiensses, to improve their earnings. This all translates into a better quality of life for their families, seeing improvements day after day. They are very grateful for the trust that has been given them and will work even harder than before. The members are currently on their first loan cycle but they have participated in groups before. They promise to give all that they have to prosper their businesses responsibly.

View original language description ↓
El banco comunal “Los Esperanza Dos” están representados por la señora Neli y conformados por 15 integrantes los cuales se dedican a la venta de verduras, ropa, comida, cosméticos, trasporte público y construcción de viviendas. 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

  • $2,817
    Average annual income
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $29,517,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD