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21 De Enero Group
In this Group: Marianela, Julia Patricia, Belen Del Rosario, Janet Marioly, Marioly, Isabel*, Milenka, Carmen, Denar Ronny, Gabriela, Laura, Patricia
* not pictured
The group "21 D. Enero" (January 21st) has twelve members and is represented by Sra. Marianela. Fifty percent of the members are merchants selling children clothes, perfumes and jewelry. One of the members has a beauty salon. Another member sells different wholesale products. He is in constant contact with his clients in order not to lose his market; he is a great salesperson. The group’s president sells silver and gold plated jewelry. She gives her clients the option to pay by cash or in installments; she is a great businesswoman. They have all known each other for a long time and have a special affection towards each other. For the sake of their families’ future, they have high expectations for the future growth of their businesses.


There is high competition in their businesses, but year after year the group members have worked hard to ensure they sell enough to support their families.


This loan will be used to buy merchandise to expand their businesses and to buy a retail space. Although this is their first loan, they have a lot of experience with other communal banks thanks to other financial institutions similar to Fundación AgroCapital. They are thankful for the trust and financial support that Fundacion AgroCapital has given them.
View original language description ↓
El grupo "21 D. Enero" esta representado por la señora Marianela y conformada por 12 socias D. las cuales un 50 % son profesionales que desarrollan actividades comerciales como la venta D. ropa juvenil, perfumes, joyas, una D. las socia tiene su salón D. belleza y el socio participante venD. productos varios al por mayor, es un buen vendedor porque cortantemente está en contacto con sus clientes para no perder su mercado D. venta, la presidenta venD. joyas D. plata y joyas bañadas en oro, es una buena vendedora ya que las joyas las venD. a crédito o al contado; todas se conocen hace tiempo y tienen una estima muy especial entre ellas, tienen muchas expectativas para el futuro D. mejorar y seguir creciendo más cada día por el bien D. sus familias. En el ámbito comercial la competencia es alta, pero año tras año las socias luchan para tener un ingreso diario que sustente a su familia. El destino del financiamiento es para la adquisición D. mayor mercadería para ampliar sus tiendas y también para la compra D. puestos fijos. . A pesar D. ser su primer ciclo los socios ya cuenta con experiencia en grupos solidarios gracias a entidades financieras similares a la Fundación Agocapital con la cual se encuentran agradecidos por la confianza y el apoyo económico brindado.

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
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 21 De Enero Group's $4,475 loan helped a member to buy merchandise to expand their businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Nov 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2010