Check out some available loans that are similar to this one!
Kantutitas Del Illampu Group
In this Group: Virginia Beatriz, Teodora, Julia, Yanneth, Tereza Amalia, Clemencia, Cristina, Olga Victoria, Fanny, Remedios, Alcira Vania, Pacesa Hortencia
The “Kantutitas of Illampu” group is represented by Ms. Virginia Beatriz and maD. up of 12 members, all of whom live in the same area and know each other very well. They are very social, friendly, and happy people. Ms. Virginia Beatriz is single and lives in her mother's house, and cares for her as she has bad health. She works selling clothing, skirts, and blankets at the 16 D. julio market. She does not have children, but she cares for her younger brother, as her mother is no longer able to do so. The other group members work in commerce but in different areas, such as in stores, or selling stationery, fruit, clothing, vegetables, and food. Others work in handicrafts making woven ponchos, blankets, scarves, gloves, and socks. The loan will be used to increase each member's supplies. A great majority of the members have a lot of experience in their businesses. To deal with the heavy competition in the market, each member has their own way off displaying or selling their wares. The members have had group loans as well as individual loans from different institutions, and this is their first loan with our institution. They already have plenty of knowledge when it comes to repaying loans.
View original language description ↓
El banco “Kantutitas D. Illampu” esta representadas por la señora Virginia Beatriz y conformada por 12 miembros los cuales radican en la misma zona por lo que se conocen muy bien siendo personas muy sociables, amistosas, y alegres. La señora Virginia Beatriz es soltera vive en la casa D. su madre a quien cuida por su mal estado D. salud, Ella se dedica al comercio D. venta D. ropas como polleras, mantas, enaguas en las ferias D. 16 D. julio, no tiene hijos pero se encuentra a cargo D. su hermano menor a quien cría desD. que su madre ya no tiene condiciones D. hacerlo. Las demás socias también se dedican al comercio pero en diferentes actividades como la atención en tienda D. barrio, material D. escritorio, frutas, ropas, verduras, comida, algunas D. ellos se dedican a la artesanía que realizan tejidos D. ponchos, mantas, chalinas, guantes, medias. El crédito será utilizado para el incremento D. su capital D. trabajo y negocio que tienen cada una D. las socias. La gran mayoría D. los miembros del grupo tienen mucha experiencia en sus negocios a pesar D. que hay mucha competencia en el mercado, pero los socios se dan sus modos para acomodar o vender sus mercaderías. Los socios tienen créditos tanto en bancos comunales como en individual, trabajan en diferentes instituciones y en nuestra institución esta emprendiendo su primer ciclo por lo que tienen amplio conocimiento D. la modalidad D. pago.

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