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Crisolito Group
In this Group: Sila Priscila, Zulma, Emiliana, Felix, Benedicto*, Juan Marcos Elias, Elena, Benita, Martha, Lorenza, Paulina
* not pictured
This group consists of 11 members, all who live and work in the same area where they carry out their meetings. The majority of the members started their loan experiences with Kiva partner Fundacion AgroCapital, and none of them has taken out loans from other institutions. As mentioned in previous descriptions, three of the members are men, and one makes a living as tailor making suits and sports coats for men, while another drives his own taxi, and the other is a construction contractor. The majority of the women in the group make a living selling fruits and groceries, and one of them is a seamstress at a jeans factory. The members put a lot of effort into their work and are always trying to deliver a better service so they can increase their income. The members who sell fruit will use to the loan to travel in trucks and bring in the fruit to sell at the area's markets.
View original language description ↓
El grupo estas conformado por 11 PERSONAS, todos viven en la misma zona, tienen su actividad económica en la misma zona donD. se realizan las reuniones D. cobro. Además una gran parte D. estas personas empezaron a tener experiencias con créditos con nuestra institución, ya que nunca antes habían sacado créditos en otra institución financiera. Como mencionaba anteriormente existen 3 varones en el grupo, los cuales se dedican: sastre y confección D. trajes, sacos para varón, otro es taxista con coche propio, y el ultimo es contratista D. construcciones por la misma zona. Las mujeres que componen este grupo una gran mayoría se dedican a la comercialización D. frutas, abarrotes, y una D. ellas es costurera D. pantalones jeans en una industria la cual ella gana por producto terminado. Las personas componentes D. este banco comunal le ponen mucho empeño al trabajo que desempeñan tratando siempre D. entregar al mercado un mejor servicio para así tener más ingresos. Las que se dedican a la comercialización D. frutas utilizan el dinero para viajar y traer en camiones frutas las cuales las venden en los mercados D. su zona, las que se dedican a la venta

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Crisolito Group's $2,700 loan helped a member increase working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2009
Listed
Dec 9, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2010