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Rubi Group
In this Group: Mary, Paula, Lourdes, Sara, Rosmery Roxana*, Josefa, Roberto, Olivia, Luisa, Lola, Rosmery, Miriam, Ximena
* not pictured
Mrs. Olivia T. is a member of the Rubí community bank and has made doll clothes for the past four years, selling them wholesale to different vendors in La Paz and Cochabamba. She will use the loan requested to buy burlap and cardboard, which are the two materials she uses most in making her products.

The other members of the Rubí bank likewise have their own sales, production and service businesses.
View original language description ↓


La señora Olivia T. integrante del grupo Rubí, confecciona ropa de muñeca hace 4 años, repartiendo al por mayor a diferentes lugares de venta en la ciudad de La Paz y de Cochabamba, el préstamo solicitado lo utilizará en la compra de tela gafu y cartón ya que son los dos insumos principales con los cuales elabora sus productos.
Las demás integrantes de Rubí también tiene sus propios negocios de comercialización, producción y servicio.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rubi Group's $3,625 loan helped a member purchase of supplies and merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010