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Las Rosas Group
In this Group: Carla Daniela, Mary Luz, Janeth, Edgar, Eiton, Jorge, Karol Viviana, Laura Martha, Paola Argentina, Dora, Rocio Coral, Martha
The Las Rosas Communal Bank, represented by Ms. Carla Daniela, is comprised of 12 enthusiastic group members who have the desire to work and who have their own sales stands, selling street food, cosmetics by catalog, provisions, and apparel. There is fierce competition in selling provisions, and because of all their perishable items, sellers must have capital readily available so that they can obtain more goods at a lower price to replace the expired goods in a timely manner. For this reason, most of the members really need this loan so that they can have capital for any exigencies that may arise and so that they can increase their sales by offering wholesale prices. In terms of experience with solidarity groups, most of the members have previously worked with institutes similar to this one, but none has ever given them the support and trust that Fundación gives them so that they can make progress with their plans to grow, thus giving their family a better quality of life.
View original language description ↓
El banco comuna "Las Rosas" esta representado por la señora Carla Daniela y conformada por 12 miembros entusiastas y con ganas D. trabajar los cuales cuentan con sus puestos D. venta D. productos como comida al paso, cosméticos por catalogo y abarrotes en general y a la venta D. ropa. La competencia en la venta D. abarrotes es alta y como son productos perecederos deben disponer D. capital para adquirir insumos y mercadería para ofrecerlos a un precio mas bajo y si se pasa la fecha tope D. sus productos tener capital para poder cambiar D. mercadería a tiempo; esta es la razón D. la obtención del préstamo para una gran mayoría D. las socias el obtener un capital D. apoyo para situaciones imprevista y para incrementar sus ventas abaratando costos al por mayo. En cuanto a al experiencia en grupos solidarios una gran mayoría D. los socios ya cuenta con experiencia en instituciones similares pero ninguna le brindo el apoyo y la confianza que le otorga la fundación para progresar y salir adelante en sus proyectos D. crecimiento y así darles una mejor calidad D. vida a sus familias.

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
  • 103
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD