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El Sol Group
In this Group: Janeth, Daniel José, Martha Claudia, Maria Elena, Jhannet Susana, Juana, Sonia, Delia Roxana, Maria
Ms. Maria C. is a member of the El Sol group which is itself a member of the Centro Focal Panamericana. She reports she has been a part of this group for approximately 4 years. When she joined she was a little uncertain and afraid that she wouldn't be able to pay off the debt, but since she needed money she took the risk. She sells candy and ice cream at a sports field and it's going well for her. With that income she has been able to get her family ahead by herself, since she is a widow. Her daughter is also in the group. Right now she needs the loan to be able to repair her ice cream machine. The other members of the group also have their own businesses such as the sale of clothes, stuffed animals, ice cream, baked goods, sewing clothing, and the sale of cards and internet service. They all need the loan, once again, to continue investing in their businesses and to grow day by day.
View original language description ↓


La señora Maria C. integrante del grupo El Sol que a su vez pertenece al Centro Focal Panamericana, indica que es parte de este grupo hace 4 años aproximadamente, ingreso un poco insegura, temerosa de que no pudiera cumplir con la deuda, pero como necesitaba dinero se arriesgó, ella vende dulces y helados en una cancha fabril y le va bien, ya que con esos ingresos ha podido sacar adelante sola a su familia, ya que ella es viuda, su hija también se encuentra en el grupo. Ahora necesita el préstamo para hacer reparar su máquina heladera. Las demás integrantes del grupo también tienen sus propios negocios como la venta de ropa, peluches, helados, masitas, costura de prendas de vestir, venta de tarjetas y atención de Internet.
Todas necesitan el préstamo, una vez más, para seguir invirtiendo en sus negocios y crecer día a día.

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

  • $5,500
    Average annual income
  • 164
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of El Sol Group's $2,475 loan helped a member tHE PURCHASE OF MERCHANDISE AND TO REPAIR FIXED ASSETS.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010