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Zafiro Group
In this Group: Florinda, Ana Cecilia, Denise, Ross Mery, Marcia Hortencia, Mariela, Katherine, Roxana, Melfi, Deisy, Maryory Fabiola
The “Zafiro” (Sapphire) Group is led by Sra. Florinda and consists of eleven members who are all cheerful and full of enthusiasm. Since they all live in the same neighborhood, they are well-organized and get along well with each other. All of the members are hardworking people who have demonstrated this quality through their businesses selling food, clothing, cosmetics, bread, groceries, hamburgers, books, and school supplies. Regarding the competitive environment, the members say they know how to manage the competition because of their experience and desire to succeed.

This loan will be used to expand, renovate, and improve their businesses through the acquisition of merchandise, supplies, and materials that will help improve their incomes and quality of life for their families. Regarding their previous credit experience, the members have worked with both individual and solidarity group loans and have extensive knowledge of how to manage their funds, invest in the businesses, and meet their obligations on time.

View original language description ↓
El grupo “Zafiro” esta representado por la señora Florinda y conformado por 11 miembros los cuales son personas muy alegres y entusiastas todos residen en el mismo barrio por los que son unidas y bien organizadas. Todos los miembros son personas muy trabajadoras como lo demuestran en sus puestos D. venta D. comida, venta D. ropa, venta D. cosméticos, venta D. pan, tienda D. abarrotes, venta D. hamburguesas, libros y material escolar. En cuanto al entorno competitivo las socias aseguran que saben manejar a sus cometidotes gracias a su experiencia a sus ganas D. salir adelante. El crédito será destinado a la ampliación, refacción y mejoramiento D. sus puestos D. trabajo así como a la adquisición D. mercaderías, insumos y materiales para mejorar sus ingresos que se traducirá en una mejor calidad D. vida para sus familias. En cuanto a la experiencia crediticia D. los miembros del grupo ya trabajaron bajo la modalidad D. créditos individuales y solidaR. por lo que tienen amplio conocimiento sobre el manejo D. los fondos otorgados, saben invertir en sus negocios y cumplir con sus obligaciones D. forma puntual.

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
  • 230
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Zafiro Group's $2,800 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 16, 2009
Jan 16, 2010
Currency Exchange Loss:
Aug 12, 2010