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La Florida Group
In this Group: Luisa, Luisa, Rosario, Marcelo, Beatriz, Dania*, Maria Justina, Brayan Roseth, Miguel Angel, Nelson, Susana
* not pictured
The group "La Florida" is represented by Luisa and is comprised of 11 members, including 7 women and 4 men. This group is characterized as having very dynamic and hardworking people. They all know each other since they live in the same neighborhood. Maria Luisa has a son and now owns her own home. She has a partner who she has lived with for 2 years. She sells snacks at the entrance gate of a school, and she wants to be able to expand her business. She wants to have a kiosk where she can sell food in addition to snacks in order to generate a better income so that she can proviD. a better quality of life for her son and can form a family with her partner. The rest of the group has a variety of activities: the majority sell snacks and sandwiches at the gates of schools, others are caretakers of the schools where they live with their families, others are bricklayers, shoemakers and domestic employees, and others proviD. laundry services from their home. The competition in these businesses is strong, but they continue to forge ahead, since they all have quite a bit of experience in their businesses. This loan will be used for working capital; it will be invested in the purchase of merchandise and tools for their work. This communal bank has experience, as they are carrying out another loan cycle with the institution, always demonstrating unity, honesty and the desire to work hard to get ahead and proviD. their families with a better quality of life.
View original language description ↓
El grupo “La Florida” esta representado por la señora Luisa y conformado por 11miuembros, D. las cuales 7 son mujeres y 4 son varones, este grupo se caracteriza ya que ser gente muy trabajadora y dinámica, todos se conocen entre si gracias a que la mayoría resiD. ene la misma zona. La señora Maria Luisa tiene un hijo y actualmente es propietaria D. su propia vivienda ella tiene su concubino con el que vive ya 2 años, ella se dedica a la venta D. golosinas en la puerta D. un colegio y desea poder ampliar su negocio y poder tener un kiosco en la cual pueda vender comida a demás D. golosinas para poder generar un mayor ingreso para poder darle una mejor calidad D. vida a su hijo y poder formar una familia con su compañero. El resto del grupo tiene diferentes actividades ya que la mayoría venden golosinas y emparedados en las puertas D. los colegios y otros son porteros D. los colegios donD. viven junto a sus familias, otros se dedican a la albañilea, zapatería, y como empleadas domesticas y el servicio D. lavado D. ropa a domicilio. La competencia en los negocios es bastante amplia pero ellos siguen adelante ya que cuentan con bastante experiencia en sus negocios. El crédito actual es para capital D. operaciones, las cuales las socias invierten en compra D. mercadería o herramientas para sus trabajos. El banco tiene bastante experiencia ya que se encuentran cumpliendo un ciclo mas dentro D. la institución siempre demostrando unidad, honestidad y ganas D. trabajar para sacar adelante a sus familias dándoles 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

  • $5,500
    Average annual income
  • 189
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Florida Group's $2,100 loan helped a member working capital to buy merchandise and tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 15, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2010