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Señor Del Milagro Group
In this Group: Maria Magdalena, Maria Angela, Maria Luz, Franz Ivar, Romer Luis, Ana Maria, Noelia Vanessa, Marfa, Alexander Fernando, Madelin Giovana, Mary Isabel, Bernarda Irma, Cira Virginia
The group "Lord of Miracles" is represented by María and composed of 13 members who range from 20 to 55 years in age. These people are dynamic and active, as they have demonstrated during their previous cycles. A majority of the members sell various grocery products including food, cosmetics and bread, and the president is a seamstress. As for the competence of the members, they know how to run things thanks to their experience and loyal clientele. The purpose of the loan is to help their businesses grow, increase their capital, acquire materials to increase the size of their businesses and generate more income in order to give their families better opportunities in life. Within the Institute, they are currently in their second cycle, and they have had no difficulty in demonstrating their desire to move forward with their businesses, since the sustenance of their families depends on it and is their reason to keep working.
View original language description ↓
El grupo " Señor D. Milagros" esta representados por la señora Maria y conformado por 13 miembros los cuales se encuentran comprendidos entre los 20 a 55 años son personas dinámicas y activas como lo han ido demostrando en sus anteriores ciclos. Una mayoría D. las socias se dedica a la venta D. distintos productos abarrotes, comida, cosméticos, pan y la presidenta se dedica a la costura D. prendas D. vestir. En cuanto a la competencia las socias saben como controlarla gracias a su experiencia y a su clientela Leal. El destino del crédito es para hacer crecer sus negocios, aumentar su capital, adquirir material para agrandar sus negocios y generar mas ingresos para poder darles a sus familias una mayor oportunidad en al vida. Dentro D. la Institución van cursando su Segundo ciclo sin ninguna dificultar demostrando tener ganas para sacar adelante sus negocios ya que D. ello depenD. el sustento D. sus familia que es su razón para seguir trabajando.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,232,175
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor Del Milagro Group's $3,525 loan helped a member operating capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Oct 14, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2010