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Amistad Rsr. Group
In this Group: Maria, Justino*, David Reynaldo, Javier Domingo*, Giovana, Justina, Soledad, Taira, Teodora, Benedicto Angel, Andrea
* not pictured
The “Amistad RSR” group is represented by María and maD. up of 11 members; four men and 7 women; this bank is noted for being very united and cheerful.

María, who is group president, is married to Jorge; they have a son, who is in school. Her husband works as a radio dispatch taxi driver in La Paz to support the family. They live in a small house that they share with her siblings. María’s and her husband’s expectations is to gradually grow so that they can buy a small lot to have their own home. María sells home appliances in the market and needs funds to buy stock inventory items.

The other group members are in a variety of commercial activities, such as: clothing sales (for children, accessories, lingerie) either door-to-door or in fixed stands. One member makes and sells nets for arches and others sell food, cell phones and hardware items.

The group as a whole has quite a bit of experience in the various businesses they run and are well known in the markets where they sell their wares. Although competition is widespread the group has both the experience and the regular customer base that recognizes their work and asks for their services; on the other hand, the enthusiasm with which they do their work is noteworthy.

The current loan will be used for working capital. Some will buy more ingredients and merchandise; others will modernize their sales stands with tools that will facilitate their work.

The group’s expectation is to continue working and, above all, continue to count on financing to reach their goals.

The bank has quite a bit of credit history since this isn’t the first loan they have gotten. The present loan, for example, is the second one with our institution and they have demonstrated responsibility and honesty in their payments.
View original language description ↓
El grupo “Amistas rsr” esta representado por la señora Maria y conformado por 11 socios D. los cuales 4 son miembros varones y el retos esta conformado por mujeres, este banco se caracteriza por ser muy unido y alegre. La señora Maria que es la presidenta del grupo está casada su esposo se llama Jorge ambos tienen 1 hijo el cual va al colegio, su esposo trabaja como chofer D. radio taxi en las cuidad D. La Paz para poder mantener a su familia, viven en una pequeña casa que comparte con sus hermanos, las expectativas D. Maria y su esposo son D. crecer poco a poco y poder comprase un terreno para tener su propio hogar, Maria se dedica a la venta D. Electrodomésticos en el mercado y requiere el préstamo para la adquisición D. mercadería. El resto del grupo se dedica a diferentes actividades, la mayoría se dedica a diferentes actividades como venta D. ropa (para niños, accesorios, lencería) ya sea D. manera ambulante o en puestos fijos, una socia se dedica a la venta y confección D. redes para arcos otras son vendedoras D. comida, celulares y artículos D. ferretería. El grupo en general tiene bastante experiencia en los negocios que desempeñan y es por esta razón que son conocidos en las ferias donD. venden sus productos. Si bien la competencia en general es bastante amplia, el grupo cuenta con experiencia y también con clientes fijos que reconocen su trabajo y demandan sus servicios, por otra parte es importante el entusiasmo que ponen a lo que hacen. El presente crédito será utilizado como capital D. operaciones, unos comprarán más insumos, mercadería y otros modernizaran sus puestos D. venta con herramientas para agilizar su trabajo. La expectativa que tiene el grupo es D. seguir trabajando y contando sobre todo con financiamiento para poder alcanzar sus metas. El banco tiene bastante experiencia crediticia ya que no es la primera vez que obtienen un crédito, el presente por ejemplo es su segundo ciclo en nuestra institución en el cual ha demostrado responsabilidad y honradez en sus pagos.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Rsr. Group's $4,400 loan helped a member to buy stock merchandise and work tools.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 24, 2010