Check out some available loans that are similar to this one!
Las Tulipanes Group
In this Group: Maria Rosario, Chelita, Susana, Lourdes, Maria Eugenia, Fortunata, Carolina, Rita Alicia, Benedicta, Eligia*, Tatiana, Faustina, Maria Roxana
* not pictured
The Communal Bank “Las Tulipanes” (The Tulips) is led by Sra. María Rosario and consists of 13 members who live in the district of Industrial Park. All of the members have participated in more than one loan cycle with the Institution. They have always completed their payments on time and worked together as a cohesive group. In dealing with the competition, the members are confident in managing their duties because of their experience and desire to succeed.


This loan will be used to expand, renovate, and improve their businesses. They plan to acquire merchandise, supplies, and materials to help them improve their earnings, which will result in a better quality of life for their families. Regarding their previous credit experience, the members have participated in both individual and solidarity group loans and have extensive knowledge of how to manage their funds. In addition, they know how to invest in their businesses and complete their obligations on time.

View original language description ↓
El banco comunal “Las Tulipanes” están representados por las señora María Rosario y conformada por 13 miembros D. los cuales residen en la zona del parque industrial, todas las socias van cursando mas D. un ciclo con la institución demostrando siempre puntualidad en sus pagos y unidad en el grupo, 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 solidarios 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

  • $2,817
    Average annual income
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,679,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Tulipanes Group's $3,350 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Jan 15, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010