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Las Blanquitas Group
In this Group: Blanca Amanda, Juan, Andrea*, Jimena, Elker, Andrea Cecilia, Elisabeth Barbarita, Ruth, Hugo, Ana Luisa, Ximena Nathaly, Candelaria*, Claudia Fabiana, Carlos Alberto
* not pictured
The “Las Blanquitas” communal bank, represented by Blanca A., consists of 14, hard-working, members who have high expectations of their first lending cycle. Most of the members sell a variety of products like furniture, fast food, silver jewelry, clothing, groceries in neighborhood stores, cosmetics, making regional clothing like blouses and blankets, telephone service card sales, and public passenger transportation. As far as competition goes, these members are well situated in the central market so they have a client base that likes the merchandise they offer. The financing will be used to buy merchandise which is more in demand by their customers, raw materials and tools which will help them speed up production to have products that are more in tune with market demands. Other members will use the financing to buy replacement parts for their vehicles. The members have worked with communal banks in the past so are aware of the particular working modalities but, still, are grateful for the economic support and trust provided by fundación Agrocapital.
View original language description ↓
El banco comunal “Las Blanquitas” están representadas por la señora Blanca A. y conformada por 14 miembros muy trabajadores que van cursando su primer ciclo con muchas expectativas. La gran mayoría D. las socias se dedican a ala comercialización D. diferentes productos como venta D. muebles, comidas rápida, joyas D. plata, ropa abarrotes en tiendas D. barrio, cosméticos, confección D. prendas típica como blusas y mantas, venta D. tarjetas telefónicas y el transporte público D. pasajeros. En cuanto a la competencia se pueD. decir que las socias se encuentran bien ubicadas en el mercado central por lo que tienen clientela a la cual le gusta mucho la mercadería que ofrecen. El destino D. financiamiento es para ampliar sus negocios con la adquisición D. mercadería más acorD. a las exigencias D. sus clientes, insumos y herramientas que ayuden a agilizar su producción para obtener un producto terminado mas acorD. a su mercado, otros D. los socios destinarán el financiamiento a la compra D. algunos repuestos para la reparación D. su vehículo. En cuanto a la experiencia crediticia las socias ya habían trabajado bajo la modalidad D. grupos solidaR. por lo que tienen amplio conocimiento D. la forma D. trabajo pero se encuentran agradecidas por el apoyo económico y la confianza que les brinda la fundación Agrocapital.

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
  • 178
    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 Las Blanquitas Group's $4,025 loan helped a member working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Nov 30, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010