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Wara Group
In this Group: Lidia, Gumercinda, Maria Saturnina, Maria Elena, Judith, Ericka, Boris, Rossio Julia
“Wara” is a close-knit, happy group made up of 8 members who belong to the “Centro Focal Collpani.” Lidia H. is president, Maria Elena M. is treasurer, and Rossi M. is the secretary. The three women organize their colleagues to carry out their meetings and establish internal rules.
Each woman has a different business in buying and selling products, production, and service. They need this loan to invest in their businesses and generate income for their families. They also like the doctor's office because they have the opportunity to take care of their health and that of their families.
View original language description ↓
“Wara” un grupo unido y alegre de 8 integrantes que pertenece al Centro Focal Collpani, así, Lidia H. es la Presidenta, como Tesorera está Maria Elena M. y como Secretaria de Actas es Rossi M., las tres organizan a sus compañeras para llevar adelante su reunión, además de elaborar el reglamento interno.
Todas tienen diferentes negocios de comercialización, es decir, compra y venta de productos, producción y servicio y necesitan el crédito para invertir en sus negocios y generar ingresos para sus familias, además a ellas les gusta el consultorio porque tienen la oportunidad de cuidar su salud y la de su 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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Wara Group's $2,825 loan helped a member purchase of Merchandise and Raw Materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010