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Las Preferidas Group
In this Group: Mary, Uvaldina, Graciela, Felicidad, Ana, Lorena, Yolanda, Maria, Carmen, Daniela, Custodio, Mery Laura
The group “Las Preferidas” is represented by Sra. Mary and consists of 12 members who have demonstrated at their meetings their desire to succeed. Many of the members know each other though their business activities at the market. In general, the members are engaged in retail businesses selling groceries, bread, cosmetics by catalog, and clothing. Some members sew and produce garments. We are able to mention that competition exists in their area, but the members have extensive experience in their specific fields and know where they are able to generate the most revenue. This may require moving their vending posts to the district fairs or other places within the country.


This loan will be used to acquire new merchandise for the Christmas season, as well as supplies and materials to help them be more efficient in their work. For example, the seamstresses in the group will buy machines for spinning thread so that they can reduce the delivery time of their finished goods. The members are in their fourth loan cycle and demonstrated responsibility in completing their payments. They rely heavily on the assistance provided by Fundación Agrocapital in order to support their families.

View original language description ↓
El grupo "Las Preferidas" esta representado por la señora Mary y compuesta por 12 miembros los cuales han demostrado en las reuniones muchas ganas D. salir adelante muchas D. las socias se conocieron en sus actividades comerciales el mercado. En general las socias se dedican a la venta D. abarrotes en tiendas D. barrio, venta D. pan y venta D. cosméticos por catálogos, venta D. ropa y a actividades como la confección D. prendas D. vestir. En cuanto al entorno competitivo podemos mencionar que sus competidores si bien están presentes en el ámbito laboral las socias tienen mucha experiencia trabajando en su rubro por lo que saben cuando el mercado donD. están genera o no buenos ingresos caso contrario mueven sus puestos D. venta a ferias zonales o al interior del país. El destino del crédito es la adquisición D. nueva mercadería para la época naviD.ña así como para la compra D. insumos y materiales para realizar un trabajo mas eficiente por ejemplo las que son modistas comprara maquinas como surf hiladoras para cortar el tiempo D. entrega D. su mercadería. Las socias van cursando su cuarto ciclo demostrando responsabilidad y cumplimiento en sus pagos ya que del apoyo que les brinda la fundación Agrocapital depenD. mucho el sustento D. 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

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Preferidas Group's $3,675 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010