Check out some available loans that are similar to this one!
Copacabana Group
In this Group: Victoria, Teofila, Eugenia, Fabiana Genara, Candelaria, Reina, Simona, Janneth, Evelyn, Lidia
Copacabana is a group of ten women who attend their meetings at the Santiago II community center. They got together out of the necessity to access a loan. All of them need to increase their working capital. They sell beauty products, cereals, roasted peas, meat, juice, and jeweled handicrafts. They know that they have various competitors, and that they have to be better than their competition by giving their customers the best service and offering quality products. They all share a delicious dish because they like to socialize and feel like they are a family.
View original language description ↓

“Copacabana” es un grupo de 10 señoras que asisten a sus reuniones en el Centro Focal “Santiago II”, se agruparon por la necesidad de acceder al préstamo ya que todas necesitan incrementar su capital de trabajo dedicándose a la venta de productos de belleza, cereales, tostado de arveja, venta de carne, jugos y artesanía en joyas. Ellas están concientes de que tienen varias competidores y tienen que ser mejores que ellos, atendiendo a las clientas de la mejor manera y ofreciendo productos de calidad. Todas comparten un rico plato ya que les gusta confraternizar y sentirse en 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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Copacabana Group's $3,350 loan helped a member increase working capital to buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010