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Las Estrellas Group
In this Group: Neidy, Delia, Roxana, Rosa Lourdes, Liceth, Banesa Fabiola, Beatriz, Roly Ever, Katia, Matilde, Eldy, Justa
The "Las Estrellas" ("The Stars") Community Bank is represented by Neidy and consists of 12 members, the vast majority of whom live in the Plan 3000 neighborhood and have known each other for a long time and trust their fellow members. This is very organized group despite this being their first loan cycle, and the members have shown themselves to be very hard-working and dedicated mothers. For example, the group's president makes a living helping her husband weld doors, rakes and wheelbarrows, and they already have a good amount of experience. Neidy is very pleased with working out of her own home beside her husband and close to her children since there aren't many women who work and can share that experience with their families. The rest of the members make a living in different activities such as selling clothing, making and distributing empanadas, candy, vegetables and other food items, and in public transportation. The members say they have a lot of competition, but they keep working to make headway and improve the quality of life for their families. They plan to use to loan to purchase tools such as compressors and grinders, summer clothing to sell, ingredients and materials to make and sell empanadas and other foods, and to repair the vehicles that are the source of income for those who work in transportation. Despite this being the group's first loan, the members are already experienced with group loans from similar organizations, so they know how to use the funds to grow their business and increase their income, which will translate into a better education for their children and a better quality of life for their families.
View original language description ↓
El Banco Comunal “Las Estrellas” esta representado por la señora Neidy y conformado por 12 miembros los cuales una gran mayoría se encuentra ubicado en el Plan 3000 todas son del Barrio y se conocen desde hace mucho tiempo por lo confían en sus compañeros (as), es un grupo muy organizado a pesar de ser su 1º ciclo han demostrado ser muy trabajadoras y madres dedicadas, por ejemplo la presidenta se dedica a ayudar en la soldadura de arco y oxigeno a su esposo haciendo puertas, rastrillos y hasta armar carretillas por lo que ya tienen bastante experiencia, ella esta muy contenta de trabajar en su propia casa serca de sus hijos y junto con su esposo ya que no muchas mujeres que trabajan pueden compartir esa experiencia con sus familias; el resto de las socias se dedican a diferentes actividades como la venta de ropa, elaboración y distribución de empanadas, dulces, comida, verdura y al servicio de transporte público. Las socias indican de que si tienen mucha competencia, pero pese a eso ellas siguen trabajando para salir adelante y mejorar la calidad de vida de sus familias. El destino del financiamiento es para la compra de herramientas que ayuden en el trabajo del taller como compresoras y amoladoras, el resto de las socias utilizaran el crédito para la compra de mercadería mas acorde al verano en la caso de las que venden ropa, insumos y materiales para las que venden empanadas y comida y para la reparación de sus vehículos que son la fuente de trabajo de los dedicados al transporte. Las socias a pesar de ser su primer ciclo ya cuentan con experiencia en grupos solidarios debido a créditos similares a la fundación Agrocapital, por lo saben como utilizar los fondos para hacer crecer sus negocios y mejor sus ingresos que se traducirán en una mejor educación para sus hijos y mejor calidad de vida para sus familias.

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

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    Average annual income
  • 98
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    Bolivia Loans Fundraising
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