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Lourdes' Group
In this Group: Lourdes, Lourdez, Lucia, Jose, Juana, Maria Isabel, Bertha, Leidy Lizeth, Fanny
"Dawn of day" is the name of a group of nine people that has been meeting in the Senkata regional office for more than four years. Among the numerous activities of the group, the business of Lourdes A. (president of the group) is selling various items according to the season. Previously, she sold school supplies. Now she needs to buy ornaments and toys to sell at city fairs for the end-of-year celebrations. She sells her products as a roving merchant. Her associates sell potatoes, sports clothing, natural juices, footwear, and other items. For this new loan cycle, the Alborada group needs capital to buy merchandise and acquire a variety of products.
View original language description ↓
“Alborada”, es el nombre que agrupa una asociación de nueve personas, que se reúnen en el centro focal Senkata hace más de cuatro años. Entre las tantas actividades que tienen este grupo tenemos a Lourdes A. (presidente de la asociación) que se dedica a la venta de artículos varios de acuerdo a la temporada, anteriormente ella vendía material escolar, ahora por las fiestas de fin de año necesita comprar adornos y juguetes para venderlos en ferias de la ciudad. Venta que realiza de forma ambulante. Sus compañeras se dedican a la venta de papa, ropa deportiva, jugos naturales, calzados y otros. En este nuevo ciclo la asociación “Alborada” afirma que necesitan capital para la compra de mercadería, adquiriendo variedad de productos.

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

  • $5,500
    Average annual income
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Lourdes' Group's $2,250 loan helped a member buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010