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Candela Group
In this Group: Yovana, Cristina, Isabel, Patricia, Elizabeth, Carmen, Dory, Adela, Reina, Dora, Wendy Carola, Romy Nohely
The Candela Communal Bank is represented by Yovana and is comprised of 12 friends. The members are very united and active entrepreneurs who want to carry out credit activities to develop camaraderie and unite more as a group. Yovana is the group president, and has been selling cosmetics for the past 3 years, Cristina has been working at a paper supply store for the past 20 years, Marleny has 3 years of experience selling cosmetics, Isabel has been selling soda on the street for the past year, Martha has been selling pots for plans for the past 2 years, Elena has been working at an internet cafe that offeres local and international phone calls for the past year, Patricia has been selling clothing for the past 4 years, Elizabeth has been selling cosmetics for the past 10 years, Carmen has been selling underwear for the past year, Dory has been selling salteñas (Bolivian meat pastries) and running her business for the past 20 years, and Adela has been running her paper supply store for the past 15 years. Some do their activities in their own homes, while others are traveling merchants.

As far as competition goes, we can mention that their competitors are present in the neighborhood. The members have their loyal customers who constantly generate the economic movement that is necessary to support themselves. In case it is not going well in the neighborhood, they go to other locations like fairs and neighborhood markets so they can meet their own obligations and those of their families.

The loan is to stock their stores buy purchasing merchandise, work material, and supplies in greater quantities. Then they will be able to generate better earnings that will allow them to give their families a better quality of life. As far as experience goes, the members are completing their second cycle. They demonstrate responsibility, honesty, and the desire to get ahead to improve their businesses.
View original language description ↓
El banco comunal "Candela" esta representado por la señora Yovana y conformada por 12 amigas, socias muy unidas y activas, emprendedoras que desean realizar actividades crediticias para confraternizar y así unirse mas como grupo. Yovana que es la presidenta se dedica a la venta D. cosméticos desD. hace 3 años atrás, Cristina venD. en una pulpería la misma que atienD. desD. hace 20 años atrás, Marleny se dedica a la venta D. cosméticos y tiene una experiencia D. 3 años en este rubro, Isabel venD. sodas D. manera ambulante desD. hace 1 años atrás, Martha es tramitadora realiza diferentes tipos D. papeleos desD. hace 10 años atrás, Martha venD. masetas desD. hace 2 años, Elena atienD. en su punto internet desD. hace un año en el mismo lugar también ofrece servicios D. llamadas nacionales e internacionales, Patricia venD. D. ropa desD. hace 4 años, Elizabeth es promotora cosméticos desD. hace 10 años atrás, Carmen venD. ropa interior y tiene una experiencia D. 1 año, Dory venD. salteñas y atienD. su negocio desD. hace 20 años atrás, Adela atienD. su venta/pulpería y tiene experiencia en este negocio desD. hace 15 años atrás. Todas desarrollan sus actividades en su propio domicilio y como ambulantes.

En cuanto al entorno competitivo podemos mencionar que sus competidores si bien están presentes en el barrio, las socias tienen sus clientes fieles que constantemente generan el movimiento económico necesario para la subsistencia D. las mismas, en caso D. que no les vaya bien el barrio se dirigen a otro lugar como ferias y mercados vecinales D. forma que puedan cumplir con sus obligaciones y con sus familias. El crédito esta destinado a surtir sus tiendas con la compra D. mercadería, material D. trabajo y la compra D. insumos en mayor cantidad para poder generar mejores ingresos que permitan darles a sus familias una mejor calida D. vida. En cuanto a la experiencia las socias van cumpliendo un segundo ciclo demostrando responsabilidad, honestidad y ganas D. salir adelante para mejorar más sus negocios.

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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,784,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD