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Picaflor Group
In this Group: Nicolasa, Julia, Maria , Dolores , Olimpia, Lucia, Katherine Lia, Julia, Bety Isabel, Paulina, Rhina Jaqueline
This is a very old group that is very responsible with their payments. They live in the same neighborhood and know each other well. The group is called Picaflor, and their entrepreneurial bank is in their ninth cycle. Their board of directors is comprised of responsible and active member, and they are very united.

Nicolaza G. Calizaza, the president, is the very friendly leader of her group. She has a neighborhood store in her house. She has five children, and her husband works tending phone booths.

Dolores Panosos G., the treasurer, is the founder of the group. She is very responsible. She is single, has married children, but she helps her youngest child and her two grandchildren. She has a neighborhood store. The loan is to increase capital.

Olimpia M. A., the secretary, is an older member. She sells food as a neighborhood street vendor. She helps her children and her husband who is an investor.
View original language description ↓
Es un grupo muy antiguo y muy responsables en sus pagos, viven en un mismo Barrio, donD. se conocen bien. Su grupo se llama "PICAFLOR", donD., el Banco D. Emprendimiento esta en su 9º Ciclo, la mesa directiva esta conformada por socias responsable y activas, son muy unidas entre ellas, como presidenta esta la señora Nicolaza G. C. ,ella es lider D. su grupo,muy sociable, tiene tienda D. barrio en su domicilio, tiene 5 hijos, su esposo trabaja atendiendo cabinas D. telefono. Como tesorera esta la socia Dolores P. G. quien es fundadora del grupo, muy responsable. Ella es sola con hijos ya casados pero que ayuda al hijo menor y a sus dos nietos, ella tiene su tienda D. barrio, el credito lo utiliza para aumento D. capital. Como secretaria esta la socia Olimpia M. A. quien es una socia mayor,venD. comida ambulando por el barrio y ayuda asus hijos, esposo es rentista.

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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
  • 234
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Picaflor Group's $4,400 loan helped a member increase capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 8, 2009
Sep 29, 2009
Currency Exchange Loss:
Jun 15, 2010