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Rositas  De Final Castillo Group
In this Group: Florencia Amalia, Oscar Javier, Cristina Wilma, Olga Tereza, Francisca, Nelly Estela, Felipa Virginia, Viviana Victoria, Nela Blanca
“Rositas de Final Castillo” (Final Castillo Roses) is a group of nine women who meet at Juan Pablo II focus center. They got together recently in order to access a loan since they all need to increase their working capital. Each has a different production, service or commercial business.

One of the members is Florencia Amalia H., 48. She has sold clothing in various markets in El Alto for the last 10 years. She works from 7am until noon. Income from this business has made it possible for Florencia to raise her 6 children, three of whom are married and 3 who still are dependent on her.

Florencia needs the funds to buy merchandise, especially during this winter season when warm clothing is in great demand.
View original language description ↓
“Rositas de Final Castillo” es un grupo de 9 señoras que asisten a sus reuniones en el Centro Focal “Juan Pablo II”, se agruparon hace poco por la necesidad de acceder al préstamo ya que todas necesitan incrementar su capital de trabajo. Todas tienen diversos negocios de producción, servicio y comercio. Una de las integras es Florencia Amalia H. de 48 años, ella vende ropa hace 10 años en diferentes ferias de la ciudad de El Alto, de 7 de la mañana a 12 del medio día.
Florencia con los ingresos de este negocio ha podido sacar adelante a sus 6 hijos de los cuales 3 son casados y 3 dependen de ella.

Florencia necesita el préstamo para adquirir mercadería, sobre todo en ésta época de invierno las prendas abrigadas tienen mayor demanda.

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
  • 122
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rositas De Final Castillo Group's $2,550 loan helped a member to buy warm winter clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2010
Listed
Jun 12, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010