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Las Mariposas Group
In this Group: Flora, Macario*, Deysi, Segundina, Mijael, Pacifica, Isabel, Herminia Clotilde, Celia, Eliana
* not pictured
The “Mariposas” (Butterflies) group is represented by Flora and is maD. up of 10 members, 2 men and 8 women. All are residents of an area that is almost completely dedicated to dairy farming and cattle raising. Flora raises dairy cows. She milks them very early in the morning in order to sell the milk to the PIL Dairies truck. She uses the remaining milk to make quesillo (similar to cottage-cheese) and yoghurt to sell in the local markets. She is married and has 4 children, two of whom are in school and two who are not school-age yet. She needs funding for home construction and enlargement and to buy ingredients for her various products.

The rest of the group sells milk and the two male members are construction workers. Competition is high but the women have regular customers that buy the milk; some sell the milk to milk processing plants.

The current financing will be used to by soy, which is the main feed for the cows and the men will buy work tools to make their work easier.

The bank is starting its second loan cycle, having demonstrated responsibility and honesty; they expect to continue working to grow and proviD. their families with improved quality of life.
View original language description ↓
El grupo “Mariposas” esta representado por la señora Flora y compuesto por 10 miembros D. los cuales 2 son varones y el resto mujeres todos resientes D. la misma zona netamente lechera y D. crianza D. ganado. La señora Flora se dedica a la crianza D. vacas lecheras a las cuales orD.ña muy temprano en la mañana para vender la leche al carro recolector D. la empresa PIL, el resto D. la leche la destina a la elaboración D. quesillo y yogurt el cual comercializa en el mercado o en ferias zonales, es casada y tiene 4 hijos D. los cuales dos van al colegio y los otros dos son pequeños, ella requiere el préstamo para la construcción y paliación D. su casa y para la compra D. insumos para sus diferentes productos. El resto del grupo también se dedica a la venta D. leche y los dos varones se dedican a la construcción. La competencia es granD. pero las señoras ya cuentan con clientes fijos que les compran la leche y algunas entregan a empresas procesadoras D. lácteos. El presente crédito esta destinado a la compra D. soya que es alimento para las vacas y los varones compraran herramientas D. trabajo para agilizar su trabajo. Este banco esta empezando su segundo ciclo demostrando responsable y honestidad con la expectativa D. seguir trabajando para crecer y poder darles a sus familias una mejor calidad D. vida.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Mariposas Group's $1,975 loan helped a member to buy building materials and supplies and ingredients for her dairy products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2010