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Santa Maria Group
In this Group: Darwin, Juan Carlos, Maria Luisa, Maria Esther, Maria Del Carmen, Ana Paola, Maria Editta, Miguel Angel, Jose Luis, Kelly, Editha, Elia, Tania, Jeslee, Solange
The communal bank "Santa Maria" is represented by Darwin, and is maD. up of 15 members who are working with our foundation in their 2nd loan cycle, demonstrating, as always, responsibility and compliance in their payments. A great majority of the members sell products, such as groceries, fruit, electric appliances, snacks, and some have businesses, such as a bakery. For example, Darwin works in public passenger transportation from 6 in the morning until 11 at night so that he can make a daily income and support his 3 children and his wife. His wife weaves blankets and sells them on order so that she can help her husband a little, who works very hard every day to improve the quality of life for his family. As far as the competitive environment, one might say that it is very strong, since many of the members find it necessary to take their sales to outlying areas due to the strong competition in the market. Those who sell from their homes must wait for their customers to come to get their businesses moving. In the case of Maria Luisa, who sells food, she has her boarders and does not have much trouble making her daily income.

This loan will be used to buy supplies, merchandise, tools and materials. For example, Darwin will buy spare parts for his vehicle, since his springs are failing and he needs money to change them. Maria Luisa wants to make some changes to the furniture in her boarding-house, to proviD. better comfort for her customers, who are the ones that generate the income necessary to support her family. The main expectation of the members is to make their businesses grow so that their families do not lack for anything and so that they can give their families greater comfort in their homes.
View original language description ↓
El Banco Comunal “santa María” esta representado por el señor Darwin y conformado por 15 miembros los cuales van cursando junto a nuestra empresa por un segundo ciclo demostrando siempre responsabilidad y cumplimiento en sus pagos. La gran mayoría D. los socios se dedica al comercio D. productos como comida abarrotes, frutas, productos electrodomésticos y a negocios como la panadería y venta D. refrigerios por ejemplo el señora Dawin se dedica al transporte público D. pasajeros desD. las seis D. la mañana a hasta las once D. la noche para hacer la renta del día y poder mantener a sus tres niños y a su esposa la cual se dedica a tejer y vender mantas y ropa a pedido para poder ayudar un poco a su esposo que trabaja duramente todo el día para mejorar la calidad D. vida para su familia. En cuanto al entorno competitivo se pueD. decir que es alto ya que muchas D. las socias se ven en la necesidad D. llevar sus venta a las áreas periféricas debido a la fuerte competencia ene el mercado aquellos que realizan su venta en su domicilio no tienen otra mas que esperar a que los clientes vengan a efectuar el movimiento del día en el caso D. la señora María Luisa que venD. comida tiene sus pensionistas y no tiene mucho conflicto para efectuar su ingreso diario. El destino del financiamiento es para la compra D. insumos, mercadería, herramientas y materiales por ejemplo el señor Darwin efectuara la compra D. repuestos para su vehículo debido a que los muelles ya les están fallando y necesita del dinero para cambiarlos, la señora María Luisa desea efectuar unos cambios a los muebles D. su pensión para darles mayor comodidad a sus clientes que son los que generan el ingreso necesario para el sustento D. su familia. La mayor expectativa que tienen los socios es hacer crecer sus negocios D. manera que no les falte nada a sus familias y puedan darles una mayor comodidad en sus hogares.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria Group's $3,600 loan helped a member working capital to buy supplies, merchandise, tools and materials.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010