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Paraiso Group
In this Group: Melby Janet, Blanca Antonia, Jimmy, Carla Katterine, Lina, Maria Esther, Martin*, Anghelo Henrry, Maria Jacqueline*, Claudia Alejandra, Enrique Benjamin, Marcela
* not pictured
The group “Paraíso” is represented by Mrs. Melby Janet and it is comprised of 12 members who are cheerful and united and have known each other for many years since they live in the same neighborhood. The majority of the members sell groceries in neighborhood stores, food, and stuffing and are hairdressers in beauty salons. Competition where they work is small because the majority of their products are unique for the place. The loan will be used to increase their merchandize and invest in the gasification of their products and to buy beauty tools to have a more efficient service that is more in tune to the necessities of their clients. This will increase their earnings and better their opportunities to support of their families. Former loan experience by members is that they participated in group loans and have the knowledge of handling their finances and how to work as a team.
View original language description ↓
El grupo “Paraíso” esta representado por la señora Melby Janet y conformado por 12 miembros alegre y unido que se conocen hace muchos años debido a que radican en el mismo barrio. La mayoría D. las socias se dedican a la actividad comercial como la venta D. abarrotes en tiendas D. barrio, venta D. comida, rellenos y otras son peinadoras en salones D. belleza. La competencia en los lugares donD. realizan negocio es poco porque casi todos los productos son únicos por la ubicación alejada D. la zona. El destino del crédito es para incrementar más su mercadería y los insumos para la gasificación D. sus productos y a la compra D. herramienta D. belleza para realizar un servicio más eficiente y mas acorD. a las necesidades D. sus clientes, ya que D. ello depenD. el mejoramiento D. sus ingreso y el sustento D. sus familias. Dentro la experiencia crediticia las socias ya participaron D. créditos solidarios por lo que tienen conocimiento del manejo D. fondos así como la modalidad D. trabajo en equipo que se necesita para sacar prestamos conjuntos.

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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD