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Hormiguitas Group
In this Group: Rosario, Felipa, Juana, Maria Candelara, Agueda Juana, Luisa, Gumercinda, Maria Luisa, Antonia, Wilma*, Yola, Yobana
* not pictured
View original language description ↓
Gumercinda L. de 40 años esposa y madre de 7 hijos, hace 20 años se dedica a vender miel de abeja, tiene su puesto propio en la ciudad de La Paz, zona San Francisco donde oferta su producto. Para comprar su mercadería viaja a diferentes pueblos de lugares cálidos como Coripata, ahora necesita el préstamo para comprar un carrito que le permita trasladar su mercadería.
Al igual que Gumercinda las demás integrantes del grupo tienen sus propios negocios como la venta de refrescos, pescado, muebles, ropa, zapatos y miel y necesitan el préstamo para comprar mercadería y activo fijo.

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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Hormiguitas Group's $1,550 loan helped a member cOMPRA DE MERCADERIA Y ACTIVO FIJO.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010