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Las Golondrinas Group
In this Group: Fatima, Ibon, Jenny, Pedro, Aidee, Margot, Carlos Eduardo, Dora Beatriz*, Susan Adriana, Erwin Cesar, Martha Julia, Ana Maria
* not pictured
The "Las Golondrinas" (The Swallows) group is maD. up of 12 members who are in their first loan cycle although they have worked with communal groups before and decided to form a new, renewed group; they are led by Fatima. The members are involved in various commercial activities like: food and clothing sales, bread baking, public transportation, vehicle repairs. Their commerce is varied, has good sales, good profits, and good ability to repay despite heavy competition. The financing will be used to increase working capital; they hope to improve sales and the funds will be used to buy more merchandise which will be used to generate higher profits to be able to proviD. their families with a better quality of life and a more promissing future for their children, who are their main reason to continue forward. With regard to credit history, they have worked previously with financial institutions similar to Fundación Agrocapital and they are grateful to it for the confidence and economic help granted.
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El grupo "Las Golondrinas" esta represen por la señora Fatima y conformada por 12 miembros que cursan su primer ciclo a pesar D. ello ya cuentan con experiencia en grupos solidarios ya que trabajaron antes en un grupo anterior por lo que decidieron conformar un grupo nuevo y renovado. Sus integrantes tienen su negocio como la venta comida, ropa, servicio mecánico, D. transporte público y a la producción y elaboración D. pan. El comercio en este grupo es muy variado, su nivel D. ventas es muy bueno, teniendo buena rentabilidad y capacidad D. pago a pesar D. existir bastante competencia. El crédito esta destinado al incremento D. su capital, esperan mejorar sus ventas y el crédito será invertido en la compra D. más mercadería que será utilizado para generar mayores ganancia para poder otorgarles a sus familias una mejor calidad D. vida y un futuro mas prometedor a sus hijos que son su razón para seguir adelante. En cuanto a la experiencia crediticia los socios ya trabajaron atentes en instituciones financieras similares a la Fundación Agrocapital a la que están muy 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

  • $2,817
    Average annual income
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD