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El Naranjal Group
In this Group: Norah, Lourdes Claudia, Isabel, Petronila, Mary, Noemi, Yovanna, Luis Alfredo, Cintia, Carmen Rosa, Lucina, Maria Cinthia, Virginia, Alexander, Gustavo
The El Naranjal Communal Bank is represented by Norah. It is comprised of 15 members who are in their second cycle together. They demonstrate responsibility and the desire to get their small businesses ahead with economic help offered by the institution. They work in activities like selling empanadas and soft drinks, fresh vegetables, typical food, children’s clothes, and groceries in neighborhood stores. Others work in transportation, tailoring, and as employees in different businesses. The level of competition in their fields is high, but the members know how to get ahead thanks to their enthusiasm and desire to succeed.

The loan is for the acquisition of merchandise, supplies, and materials to increase their sales and their income. The income will serve to improve the quality of life for their families.

As far as experience goes, the members have already worked with the foundation. They want to keep growing together with our institution to look for a better future for their children and their families.
View original language description ↓
El banco comunal “El Naranjal” esta representado por la señora Norah y conformada por 15 miembros que van cusrando ya juntos su segundo cclo demostrando responsabilidad y ganas de sacar a delante sus pequeños negociso con la yuda economica que les brinda la institución, ellas se dedican a actividades como la venta de empanadas y refrescos, verduras frescas, comida tipica, ropa para niños, abarrotes en tiendas de barrio y otros se dedican a actividades de transporte, sastrería y al empleo en diferentes empresas. El nivel competitivo en los rubros a los que se dedican las socias es elevado pero saben como salir adelante gracias a su entusiasmo y ganas de salir adelante. El destino del financiamiento es para para la adquisisción de mercadería, insumos y materiales para incrementar sus ventas y por ende sus ingresos los cuales les servira para mejorar la calidad de vida de sus familias. En cuanto a la experiencia las socias ya trabajaron con la fundacion y desean seguir creciendo junto a nuestra institución para buscar un futuro mejor para sus hijos y para su familia.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD