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Lluvia De Oro Group
In this Group: Maria Tatiana, Raquel, Dayana, Fanny Gabriela, Jorge, Juan Carlos, Mauricio, Fatima, Giobanna, Teresa
The Lluvia de Oro (Rain of Gold) Group is comprised of ten people. Maria Tatiana represents the group. This group is characterized as being people brought together from the east but who have lived in Cochabamba for many years. They are very united and hard-working people.

Maria Tatiana has one child, and he attends the university. She is married, and her husband supports her work. He helps her work in a Karaoke bar. They both run it on the week-ends. It generates income to support the family. Maria Tatiana’s greatest dream is to see her son become a profession. The loan is to remodel the Karaoke bar.

The rest of the members have businesses like selling underwear for women. They generally get it at the Brazilian border in order to deliver it to the wholesale market. Some members sell comforters and other types of clothing. Other members work in passenger transportation, making clothes, selling food, or the sale and repair of cell phones.

The level of competition in the market in which the members work is high. But, all of them know how to get ahead to get their daily income, which supports their families.

The group is in one more cycle, and they demonstrate punctuality and the desire to work to get their families ahead. They do this to give them a better quality of life and to be able to progress more each day.
View original language description ↓
El grupo “Lluvia de Oro” esta compuesto de 10 personas y representado por la señora Maria Tatiana, este grupo se caracteriza ser gente agrupada del oriente, pero que vive en Cochabamba hace muchos años, son gente muy unida y trabajadora. La señora Maria Tatiana tiene un hijo que va a la universidad, ella es casada y cuenta con el apoyo de su esposo quien le ayuda en la atención de un Karaoke que administran ambos los fines de semana el cual genera ingresos para el sustento de su familia, el mayor sueño de la señora Maria Tatiana es ver a su hijo profesional, el destino del financiamiento es para la remodelación del karaoke. El resto de los socios tienen negocios como la venta de ropa interior de mujer ellas generalmente traen de la frontera del brasil para hacer entrega al por mayor en el M., también venden edredones y otro tipo de ropa, otros de los socios se dedican al transporte de pasajeros, costura de prendas de vestir, venta de comida, venta y reparación de celulares. El nivel competitivo en el M. en el cual realizan sus actividades los socios es alto pero todos saben como salir adelante para obtener el ingreso diario que es el sustento de sus familias. El grupo va cursando un ciclo mas demostrando puntualidad y ganas de trabajar para sacar a delante a sus familias para pode darles una mejor calida y poder progresar cada día mas.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Lluvia De Oro Group's $2,200 loan helped a member operating capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Apr 14, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 24, 2010