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Tarija Group
In this Group: Lucia, Carmen, Fabiola, Lidia, Beatriz, Yanet, Manfredo, Jesus Dario, Maria Martha, Victor Hugo, Yoany Briyit, Deisy Elizabeth, Julia Elena*, Jaime*
* not pictured
The “Tarija” Group is led by Sra. Lucia and consists of 14 members (10 women and 4 men) who live in the same area and know each other well.

Sra. Fabiola is a distinguished member of the group who is a single mother of one child. She produces homemade bread and distributes some of it to nearby shops. The rest of it is sold from the corner of her mother’s house, where she resides for the moment. Fabiola is a highly intelligent and capable person, but in order to generate extra income to support her child, she needs to enlarge her business. For this reason, she is requesting a loan to buy more supplies and a larger oven to help generate more income so that she can help her elderly mother and pay for her child’s education.

The remaining members have businesses selling hamburgers, food, cosmetics, fruit, or providing services such as welding and public transportation. Competition in the marketplace is high and really difficult, especially in the food and cosmetics businesses in which there is little available operating capital. This loan will be used to improve their businesses by purchasing supplies, merchandise, and equipment to make their work more efficient and help generate additional income to improve their families’ quality of life and provide them with stable homes. Most of the members have experience working in a Communal Bank setting because they have taken out loans with other institutions similar to Fundación Agrocapital. The members are grateful for the financial support and the trust being placed in them.
View original language description ↓
El grupo “Tarija” esta representado por la señora Lucia y conformado por 14 miembros 10 mujeres y cuatro varones los cuales residen en la misma zona y se conocen bien. La señora Fabiola es la socia destacada en este grupo debido a que es madre soltera de un niños y se dedica a la elaboración y distribución de pan casero el cual reparte a algunas tiendas cercanas y el resto del producto lo vende en la esquina de la casa de sus mama en la cual reside por el momento, es una persona muy inteligente y capaz, pero para poder obtener un ingreso extra para mantener a su hijo requiere agrandar su negocio es por esta razón que solicita el crédito para la compa de mas insumos y un horno de mayor proporción que le ayude a generar mayores ingresos para poder ayudar a su madre que ya es mayor de edad y poder salir adelante con la educación de su pequeño. El resto de las socias tienen su negocio como la venta de hamburguesa, venta de comida, venta de productos de cosméticos, frutas y al servicio de soldadura y transporte público de pasajeros. La competencia en el M. es alta y es realmente difícil, especialmente en la venta de comida y en la venta de cosméticos que no cuentan con mucho capital disponible para trabajar. El crédito será utilizado en el mejoramiento de sus negocios con la compra de insumos, mercadería y la compra de herramientas para efectuar un trabajo más eficiente y obtener un mejor ingreso para mejorar la calidad de vida de sus familias y poder darles un hogar mejor establecidos. La gran mayoría de los clientes tienen experiencia de trabajar bajo la modalidad de banca comunal, gracias a créditos en instituciones similares a la Fundación Agrocapital con la cual están agradecidos por el apoyo económico y la confianza brindad.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD