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Las Hijas De Jesús Group
In this Group: Viviana, Ana Julia, Ricardo, Yeni, Wilma, Elena*, Teresa, Tiburcia, Marina, Ana, Magdalena, Alvina, Mercedes, Leodan
* not pictured
The members of the community bank "Las Hijas de Jesús" ("The Daughters of Jesus") are represented by Mrs. Viviana and composed of fourteen members who live in the same neighborhood. All the women have their own businesses such as selling fruits in the market, crocheting macramé purses, and Mrs. Teresa's grocery store. The other members sell food, clothes, toys, bread, empanadas, and cosmetics.

The competition within their areas of commerce is high, but in spite of this they know how to keep their businesses going. The loan will be used for growing their businesses with the purchase of merchandise, raw materials, and tools to increase their incomes further, which would allow them to give their families a better quality of life.

As for the women's credit experience, they are beginning their first loan cycle with the institution, but they are glad that it offers them the economic support to help them generate greater incomes and improve the quality of life of their families.
View original language description ↓
Las Socias del Banco Comunal LAS HIJAS DE JESUS están representadas por la señora Viviana y conformadas por 14 miembros los cuales residen en el mismo barrio, todas tienen negocios propios como venta de frutas en el mercadito y teje carteras de macramé, la señora Teresa tiene tienda de abarrotes, las demás socias se dedican a la venta de comida, ropa, juguetes, pan, empanadas y cosméticos. 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

  • $5,500
    Average annual income
  • 222
    View loans »
    Bolivia Loans Fundraising
  • $31,548,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Hijas De Jesús Group's $2,025 loan helped a member buying merchandise, raw materials, and tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010