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Aleman Group
In this Group: Dilcia, Benancia, Guillermina, Erwin, Elvia, Ilda, Julia, Jenny, Augusta, Adriana, Maria, Gladis Pura, Rosa, Katherine
The Alemán Community Bank is represented by Sra. Dilcia. There are fourteen members in the group, and this is their second loan cycle. They have shown responsibility in the repayments and a desire to see their small businesses make progress. The majority of the members make and sell bread; the others sell groceries in neighbourhood stores, cosmetics via catalogue, clothing, assist in a bakery, or work in various businesses.

Competition in these types of businesses is high, but the members already have orders for bread. They try to maintain the quality and the price so that the orders from their different customers keep coming in.

The other members also face competition, but they know what they have to do to get ahead since their families depend on them. Many are the sole providers for their families. The majority of the members will use the loan to buy ingredients and tools to enable them to produce a high-quality product more efficiently. The others will buy merchandise to stock their stores.
View original language description ↓
El banco comunal “Alemán” esta representado por la señora Dilcia conformada por 14 miembros que se encuentran ingresando a su 2º ciclo demostrando cumplimiento en sus pagos y esmero por sacar adelante sus pequeños negocios donde una gran mayoría se dedica a la elaboración y distribución del pan, el resto se dedica a la de venta de abarrote en tiendas de barrio, cosméticos por catalogo, ropa y al servicio de panadería y empleados en diferentes empresas. La competencia en este tipo de negocios es alta pero las socias ya tienen sus contratos de entrega de pan y tratan de mantener la calidad y el precio para que no baje el requerimiento de las diferentes clientes, el resto de las socias tienen competencia pero saben como salir adelante ya que de ello depende el sustento de sus familia ya que muchas de las socias representan el pilar fundamental para el sustento de sus hogares. La mayoría utilizaran el crédito para la adquisición de materia prima, insumos y herramientas para ayudar a genera un producto de mayor calidad y con mayor eficiencia, el resto de las socias comprará mercadería para surtir sus tiendas.

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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,117,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD