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Jazmines Group
In this Group: Ana Maria, Norath, Aida, Zulema, Victoria, Lady Pura, Patricia, Eligia, Yvonne, Veronica, Clara, Ruth , Santa Cecilia, Evelin, Angelita
The group “Jazmines” is led by Sra. Ana Maria and consists of 15 members. They are of low income, but hardworking and possess high expectations of succeeding so that they can improve their families’ quality of life. The members have been friends for a long time since they live and operate their businesses in the same neighborhood. They have different commercial ventures such as grocery stores, selling food, and cosmetics sales by catalog. Most of the members run their businesses out of their home, while others sell their products door-to-door.

Even though business competition exists in their neighborhood, the members have dealt with it in different ways. If they are not doing well, then they are advised to go into other areas to market their products or diversify their business activities so that they can meet their financial obligations. The loan that is being issued to the group will be used to buy products that will satisfy their customers and make them more competitive. They will also purchase supplies needed to expand their businesses. Those members who are food or cosmetics vendors will have the opportunity to stock up on merchandise at low cost.

The members are starting their second loan cycle with Fundación Agrocapital and they have high expectations for personal growth. Their loans have proven their usefulness when it became evident that they could proviD. their familes with a better quality of life.

View original language description ↓
El grupo “Jazmines” esta representado por la señora Ana Maria y conformado por 15 miembros los cuales son D. bajos ingresos pero muy trabajadoras y con expectativas D. lograr salir adelante para mejorar la calidad D. vida D. sus familias, las socias tienen una amistad desD. hace mucho tiempo ya que se conocen por sus actividades comerciales y son vecinas del mismo barrio. Los miembros del grupo desempeñan diferentes tipos D. actividades comerciales como tiendas D. abarrotes, venta D. comida al paso y venta D. cosméticos por catálogos todas las socias tienen sus actividades comerciales en su domicilio y otros son ambulantes. En cuanto al entorno competitivo podemos mencionar que sus competidores si bien están presentes en el barrio no tienen la experiencia y la clientela constante D. las socias, en caso D. que no les va muy bien en el barrio se dirigen a otro lugares para realizar la comercialización D. sus productos o diversifican su actividad económica D. forma que puedan cumplir con sus obligaciones. El crédito esta destinado a la adquisición D. mercadería para surtir sus tiendas D. productos mas competitivos t al gusto D. sus clientes, también para la compra D. insumos para agrandar el negocio D. venta D. comida y las promotoras D. cosméticos aprovecharon las ofertas para proveerse D. mercadería a bajo precio, sus expectativas D. crecimiento que tienen las socias es granD. ya que van cursando su segundo ciclo con la fundación Agrocapital y se pudo evidenciar que existe una mayor utilidad que les permite brindar a sus familias una mejor calidad D. vida.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $33,230,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD