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Fatima Group
In this Group: Rosmery, Marian Daisy, Cyntia Gabriela, Ignacia, Mirian, Angela, Yasman Neiro, Ninet, Maria, Rimar, Patricia Victoria, Silvia Eugenia
The “Fatima” group is represented by Rosmery and is maD. up of 12 members who are very hardworking and have a desire to get ahead. Each member works in a different area. Some of these are: sales of food, meat, clothing, handmaD. jewelry, and cakes. Others offer services, such as silkscreen printing, hair styling, and transport.


The retail businesses are quite competitive, as they have established sales posts in a commercial district. This loan is for the purchase of merchandise and tools, and to improve their sales stalls.


The group members have presented the references necessary to access the credit offered by the lending institution. Some of the members have also participated in prior lending groups, but decided to form this new group where everyone wants to work.

View original language description ↓
El grupo “Fatima” Esta representado por la señora Rosmery y conformado por 12 miembros D. personas muy trabajadoras y con ganas D. salir adelante, cada una D. ellas trabaja en diferentes áreas como la comercial vendiendo comida, carne, ropa, joyas hechas a mano, masitas y al servicio D. serigrafía, peluquería, y al transporte libre. En cuanto a la competencia existe demanda ya que las socias cuentan con puntos D. venta establecidos y en calles D. una zona muy comercial. El destino del financiamiento es para la adquisición D. mercadería, nuevas herramientas y para la ampliación D. sus puestos D. venta. En cuanto a informes crediticios las socias presentaron las referencias correspondientes para acceder al crédito otorgado por nuestra institución además que algunas ya participaron en anteriores grupos y decidieron formar un grupo D. nuevo con gente con ganas D. trabajar.

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,670,850
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima Group's $3,100 loan helped a member merchandise, tools, and improvement of sales stalls.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2010