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1Ro De Febrero Group
In this Group: Mariluz, Pedro, Juanita, Armandina, Antonio Moises, Yanett Balki, Paul Fernando, Raquel, Mery Dalcy, Juana, Ross Mery, Mauricio, Moira Alejandra*, Carlos Alberto, Mery, Felipa, Denisse, Helen Isabel, Marco Antonio
* not pictured
The “1 D. Febrero” group is represented by Mariluz and maD. up of 19 members: 14 women and 5 men, all residents of the same area.

The member we are highlighting is Juanita. She has three children and her husband is a minibus driver. They live in a rented house at present. She takes in laundry at 6 bolivianos per dozen. She is very hard-working has had a difficult life. On Saturdays she makes sandwiches that she takes to the minibus stop where her husband works to sell in order to make a little extra for household expenses and perhaps save a little to buy a lot and proviD. a home for her children.

Juanita wants financing to launch a more settled food sales business because she does well on weekends selling sandwiches and fast food. Her greatest expectation is to acquire capital to buy a lot and build a house where her family can live peacefully not having to pay rent.

The rest of the group members are involved in the following: hamburger sales, food sales, cosmetic sales. Competition among them is quite difficult, especially in food and cosmetics sales, since each one expects a good result from her daily sales.

They will use the funds to stock their stores, to buy more merchandise, and to offer better customer service so that their business will earn higher income in the future and they will have a better economic situation as a result.

Because this is a new group, they have been given training and they are happy to be Agrocapital clients although some of the members already have some degree of experience thanks to loans they have with other similar entities.
View original language description ↓
El grupo “1ro. D. Febrero” esta representado por la señora Mariluz y conformada por 19 miembros, 14 mujeres y 5 varones todos residentes D. la misma zona. La socia destacada del grupo es la señora Juanita que tiene tres hijos su esposo es chofer D. una línea D. minibuses y vive en un alquiler en una casa independiente por el momento, ella se dedica a lavar ropa para los vecinos y gente D. confianza por un costo D. 6 bolivianos la docena, es una señora muy trabajadora y sacrificada los sábados realiza pavitas y otro sándwich para llevar a la P. D. trufis donD. trabaja su esposo y ganarse algo extra para el sustento D. su hogar y ahorrar para comprarse un lote y darle a sus hijos un hogar, La señora Juanita desea el financiamiento para capital D. trabajo y empezar un negocio mas establecido D. venta D. comida ya que le va viven los fines D. semana vendiendo sándwiches y comida rápida, su mayor expectativa es poder obtener un buen capital para comprarse un lote y hacerse una casita para que vivan tranquila su familia sin pagar alquileres. El resto D. las socias se dedica a la venta D. hamburguesa, venta D. pan, venta D. comida, venta D. productos D. cosméticos. La competencia entre las socias es realmente difícil, especialmente en la venta D. comida y en la venta D. cosméticos, ya que cada socia espera cada día un buen resultado en sus ventas. El crédito lo destinaran para poder surtir sus tiendas y comprar más productos y ofrecer mejores servicios a sus clientes para que a futuro tengan sus negocios con mayores ingresos y una mejor situación económica. Como es un grupo nuevo se les ha dado una capacitación que están satisfechas y contentas D. ser clientes D. Agrocapital pero algunas D. las socias ya poseen experiencia gracias a créditos similares en otras entidades

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
  • 235
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 1Ro De Febrero Group's $4,525 loan helped a member operational capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 4, 2010
Mar 4, 2010
Currency Exchange Loss:
Aug 12, 2010