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Exito Group
In this Group: Rilca, Oswal Stanley, Marilu, Dolly, Angel Adrian, Silvia, Jose Adil, Deydania Dennis, Arturo, Evelyn
The “Éxito” group is represented by Rilca and made up of 10 very hard-working members who want to get ahead, as they have demonstrated in past cycles. At this moment, the group is in its fifth cycle having demonstrated responsibility, honesty and fulfillment of their repayment plans. The majority of the members are in the business of preparing meals for sale like chicken and special traditional dishes. The rest of them sell CDs, provide in-home photography and videography services for special occasions, and some sell school and carpentry supplies. All of these lines of work have heavy competition but the members have established solid reputations over the years selling dishes that people recognize and with the high quality of their ingredients. The financing will be used to buy new supplies and work tools so that their work can be done faster and profits may be higher for the better well-being of their families. Their previous loans have been well administered and they have made progress in their stores and businesses and, mainly, in their homes since they all have seen an improvement in the quality of life of their families.
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El grupo “Éxito” esta representado por la señora Rilca y conformado por 10 miembros muy trabajadores y con ganas de salir adelante como lo han ido demostrando en sus anteriores ciclos, en este momento el grupo se encuentra ingresando a su quinto ciclo demostrando responsabilidad, honestidad y cumplimiento en sus pagos. La gran mayoría de las socias s e dedican a la venta de comida como pollo y platos especiales tradicionales, el resto de las socias se dedican a al venta de CDs y al servicio de filmaciones a domicilio para acontecimientos especiales, y también a al venta de material escolar y la carpintería. La competencia en estos rubros es grande pero las socias se han ganado su reputación por los años de experiencia vendiendo comida ya que la gente ya conoce y saben la calidad de sus productos. El destino del financiamiento es para la adquisición de mercadería nueva y para la compra de herramientas de trabajo que ayuden a realizar un trabajo mas rápido para obtener una mejor ganancia para el mejor sustento de sus familias. Los anteriores créditos fueron bien administrados y se ha podido ver el progreso en sus tiendas, negocios y principalmente en sus hogares ya que se ve una mejoría en la calidad de vida de 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

  • $5,500
    Average annual income
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD