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Los Angelitos Group
In this Group: Sandra Herry, Silvia, Raul, Liliana, Maria Del Carmen, Fatima, Dora, Jose Maria, Yobana, Willan, Maria Estela
The community bank "Los Angelitos" (The Little Angels") is represented by Sra. Sandra Herry and is made up of 11 members who are in their third loan cycle. They demonstrate punctuality with their payments and they have a lot of desire to work, as they demonstrate in their sales businesses of selling raw and cooked fish, clothes, empanadas, food, and cosmetics. Some of the members have other businesses such as motorcycle taxi drivers and domestic services. The president sells fresh fish that she brings early from the river slope, and if she doesn't sell it in the morning, she cooks it in the mid-afternoon so as not to lose the daily profits.


She has three daughters with her husband, who fishes with her very early in the morning, because that is when the fish are at their peak. She has a modest but cosy small house, which is where they have their meetings with the members. Like all businesses, they have competition, the majority of the members of this group have their sales stand in the fish market, located in the 13 of April region, so therefore there are always sales of cooked plates or fresh fish.


The use of the loan is for the growth of their businesses, and in the future they hope to have sales stands in other city markets. They will invest in the purchase of supplies and raw materials for storage. As for their experience in Agrocapital, they are in their third cycle and their credit antecedents are regular with the insitution and the majority of the members in this group have had experience in community banks in other institutions.

View original language description ↓
El banco comunal “Los Angelitos” esta representado por la señora Sandra Herry y conformada por 11 miembros que van cursando su tercer ciclo demostrando puntualidad en sus pagos y muchas ganas de trabajar, como loe demuestran en sus negocios de ventas de Venta de pescado crudo y cocido, venta de ropa, venta de empanadas, venta comida, venta de cosméticos y algunos socios tienen otra actividad como ser moto taxistas y servicios domésticos; la presidenta se dedica a la venta de pescado fresco que traen desde temprano desde las laderas del río y que si no se vende en la mañana lo cocinas para media tarde para no perder la ganancia del día ella mantiene a sus tres niñas junto con su esposo que es el que pesca junto con ella en las madrugadas que es donde los peces están en sus auge, ella tiene una casita modesta pero acogedora que es donde realizan las reuniones las socias. Como todo negocio tienen competencia, la mayoría de los socios de este grupo tienen su puesto de venta en el mercado del pescado ubicado en la zona 13 de abril por lo que siempre hay venta de l plato cosido o del pez fresco. El destino del crédito es para el crecimiento de sus negocios y a futuro esperan tener puestos de venta en otros mercados de la ciudad e invertirán en compra de insumos y materia prima para almacenar. En cuanto a su experiencia en Agrocapital están en su tercer ciclo sus antecedentes crediticios son regulares con la institución y la mayoría de los socios de este grupo han tenido experiencia en bancos comunales en otras instituciones.

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
  • 226
    View loans »
    Bolivia Loans Fundraising
  • $31,556,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Angelitos Group's $2,875 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2009
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010