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Las Kantutas 2 Group
In this Group: Juana, Teodora, Luis, Erminia, Noemi Carmen*, Francisca, Angelica, Zahira Anabel, Berna, Iris Mabel, Lidia
* not pictured
The "Kantutas 2" Group is represented by Mrs Juana and comprises 12 members living in the same neighborhood. They are cheerful, united and very dynamic people. Mrs Juana is married and the mother of two children who are still young. Her eldest child goes to the school in the neighborhood. Mrs Juana sells fruit at the Central Market. She does not have a fixed stall, so she is forced to get up early every market day to get hold of a place and earn the necessary income to proviD. for her family. She lives in rented accommodation, but her greatest desire is to proviD. her daughter with a home where she can better live in comfort.

The other group members sell fruit, shampoo, food, skirts, clothes in general, and passenger transportation services. The ladies work hard in a competitive environment and are eager to succeed. Most of the ladies will use their share of the loan to increase their working capital and better face competition. This is the group's second loan cycle with the microfinance institution Fundación AgroCapital and its members know how to manage their funds to succeed and grow.
View original language description ↓
El grupo “Kantutas 2” esta representado por la señora Juana y conformada por 12 miembros residentes del mismo barrió y con la característica D. ser gente alegre, unida y muy dinámica. La señora Juana es casada y tiene dos hijos los cuales aun son pequeños pero uno D. ellos va a la escuela del barrio, la señora Juana se dedica a la venta D. frutas en el mercado central, ella no cuenta con un puesto fijo por lo que tiene que verse en la necesidad D. madrugar para agarrar un puesto D. venta cada día D. feria y poder obtener el ingreso necesario para el sustento D. su hogar ella vive en alquiler pero su máximo deseo es poder darle a su hija un techo adonD. pueda vivir con mayor comunidad. El resto D. las socias se dedican a la venta D. frutas, shampoo, comida, frutas, polleras, ropa en general y al transporte D. pasajeros. Las señoras son muy trabajadoras y le hacen frente a la competencia y continúan trabajando para salir adelante. La mayoría D. las señoras utilizaran el crédito para incrementar su capital D. operación y hacerle frente a la competencia. Es un grupo que se encuentra en su 2do ciclo en la Fundación Agrocapital por lo que saben manejar bien sus fondos para salir adelante y seguir creciendo.

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
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Kantutas 2 Group's $2,950 loan helped a member to increase their working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 14, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 24, 2010