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3 De Septiembre Group
In this Group: Kattia, Maria, Carmen, Mariela, Leoncio, Jose Luis, Rita, Lady Diana, Daniel, Leonilda, Maria Luisa, Trinidad
The communal bank “3 de Septiembre” is represented by Señora Kattia and consists of 12 members, 3 of whom are men and 9 of whom are women. The majority of people in this group provide services in private businesses, others sell bread and food, and the men are heavy machine operators. The competition in these areas is strong, and they know that they must continue to move forward in their respective businesses.

This loan will be used to purchase merchandise, supplies and tools to assist in the growth of these businesses so that the borrowers can increase their incomes and give their families a better quality of life. As far as credit experience, these members are in their first cycle with the institution, but they are happy that it is providing them economic support that will help them to generate better incomes and a better quality of life for their families.
View original language description ↓
El banco comunal “3 de Septiembre” esta representado por la señora Kattia y conformado por 12 miembros de los cuales 3 son hombres y 9 mujeres. Este grupo esta integrado por una mayoría de personas que se dedican a la prestación de servicios en empresas privadas, el resto se dedican a la venta de pan, comida y los varones son operadores de maquinaria pesada La competencia dentro de sus rubros es alta, pese a eso saben sacar adelante la actividad económica a la que se dedican. El crédito esta destinado al crecimiento de sus negocios con la compra de mercaderías, insumos y herramientas para mejorar más sus ingresos que les permitirá darles a sus familias una mejor calidad de vida. En cuanto a la experiencia crediticia las socias van cursando su primer ciclo dentro de la institución pero están contentos de que se les brinde un apoyo económico que ayudada a generar mejores ingresos y a mejorar la calidad de vida de su familia

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD