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Girasol Group
In this Group: Rosa Julia, Segundina, Catalina, Isabel, Petronila, Julio Nery, Agueda, Eusebia
Rosa M. is the president of the Girasol group, which belongs to the Panamericana community center. She sells “cholita” (native women) shoes in different towns like Achacachi and Batallas. She currently takes care of her six children by herself. She needs the loan to buy merchandise.

The other members of the group sell clothes, hats, food, and make shoes and articles of clothing like jackets. Those are the members’ businesses, which generate the incomes to support their families. They need the loan to get merchandise and raw material according to the businesses that they have.
View original language description ↓

Rosa M. es presidenta del grupo Girasol, que a su vez pertenece al Centro Focal Panamericana, vende zapatos de cholita (mujer originaria) en diferentes pueblos como Achacachi y Batallas, actualmente cuida a sus 6 hijos sola y necesita el préstamo para comprar mercadería.
Las demás integrantes del grupo venden ropa, sombreros, comida, fabricación de calzados, costura de prendas de vestir como chamarras, son los negocios a los cuales se dedican las integrantes es este grupo, con los cuales se generan ingresos para sustentar a sus familiar. Necesitan el préstamo para adquirir mercadería y materia prima según el negocio que tengan.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Girasol Group's $2,200 loan helped a member buy merchandise and raw material.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010