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Progreso Okinawa Group
In this Group: Ignacia, Yeny, Eusebia, Victor, Guadalupe, Elsa, Maria Cristina, Dalcy, Olga, Concepcion, Natividad, Eduarda, Dely, Martha, Carmen, Tito
The characteristics of “Progrsso Okinawa” group are that they are people who want to move their families forward though work and dedication to their businesses. They are hard workers as demonstrated by Señora Ignacia that sells Patasca, a typical product in Santa Cruz. The rest of the members sell bread, juice and food. Others are dedicated to bricklaying and domestic help. The competition with respect to their businesses is intense so they have to work hard so they can move ahead with their businesses.


The credit will be used in the acquisition of raw materials, consumables and tools to make products in less time and with better efficiency and quality to offer in the market. Despite the fact that this is their first loan cycle, they already have experience with solidarity groups thanks to credit from other institutions similar to Fundación Agrocapital. They are appreciative of your confidence and economic support that helps them to accomplish their goals and raise their income helping provide a better education for their children and a better quality of life for their families.

View original language description ↓
Las características del grupo “Progreso Okinawa” es que son personas que desean progresas para sacar adelante a sus familias a través de su trabajo y dedicación a sus negocios. Son personas muy trabajadoras como lo demuestra su representante la señora Ignacia que se dedica a la venta de Patasca que es un producto muy tradicional en Santa Cruz, el resto de las integrantes se dedican a la venta de pan, jugos, comida y al servicio de albañilería y empleos domésticos. La competencia con respecto a sus negocios es fuerte, ya que todos tienen que trabajar duro para poder sacar adelante sus negocios. El crédito será utilizado para la adquisición de materia prima, insumos y herramientas para poder elaborar un producto en menor tiempo y con mayor eficiencia y calidad para ofrecer al mercado. A pesar de ser si primer ciclo ya tienen experiencia en grupos solidaR. gracias a créditos en instituciones similares a la Fundación Agrocapital, con la cual están agradecidas por la confianza y el apoyo económico que ayudara a cumplir sus metas y mejorar mas sus ingresos brindándoles una mejor educación a sus hijos y una mejor calidad de 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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $30,116,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Progreso Okinawa Group's $3,250 loan helped a member capital for operations.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Dec 9, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010