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Union Group
In this Group: Roxana, Justina, Patricia, Susy, Martha, Lucia Baditza, Walter Darwin, Silvia Eugenia, Bethzabe, Julieta
Bethzabe C. is a member of the Union Group, which meets every two weeks at the German Busch Community Center. She and her husband work together to manufacture furniture. Her husband is known for his carpentry skills and worked in his father’s shop before they got married. As soon as they decided to work independently, Bethzabe and her husband opened their own woodworking shop and have now been in business for four years. They operate two vending locations, one in the July 16th district and the other in the Ballivián district. Both of them desire to continue and improve their business, so they need a loan to purchase materials in bulk such as wood and nails.


The other group members have businesses selling mobile phone accessories, plastics, beauty products, and antiques. They need a loan to increase their operating capital.

View original language description ↓
Bethzabe C. de 30 años es integrante del grupo Unión que realiza sus reuniones cada dos semanas en el Centro Focal German Busch, ella conjuntamente con su esposo se dedican a la elaboración de muebles o mejor conocido como carpintería, su esposo antes de casarse con ella, ya trabajaba en el taller de su padre, una vez que se ha independizado decidieron juntos poner el taller de carpintería y así han estado trabajando hace 4 años, tienen dos puntos de venta una ubicada en la 16 de Julio y otra en la zona Ballivián, ambos tienen las ganas de seguir con el negocio y mejorar por lo que necesitan el préstamo para comprar material como madera y clavos al por mayor.

Las demás integrantes del grupo tienen el negocio de venta de accesorios de celulares, plásticos, productos de belleza y antigüedades y necesitan el negocio para incrementar su capital de trabajo.

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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $29,549,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Union Group's $3,625 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010