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Mercurio Group
In this Group: Ana Maria, Yvette, Silvia Eugenia, Beatriz, Virginia, Marisela Celeste, Mayra Isabel, Zonya Edyyt
The Mercurio Communal Bank is starting its first cycle in the Germán Busch regional office. The bank is comprised of eight members.

Ana Maria is at the head of the group, and she is the president. Beatriz is the treasurer, and Silvia is the secretary.

These women carry out different business activities. Examples of their activities are selling clothes, selling deep-fried chicken, selling chicken, selling toys, making jackets, and doing carpentry work.

The president sells clothes. She already has experience in this field, as she has been selling clothes for over four years. She has a fixed stand in the Ballivián Zone in the city of El Alto.

This is her first cycle, and Ana María will use the loan to increase her merchandise.
View original language description ↓
La B.C. “MERCURIO” está iniciando su primer ciclo en el Centro Focal de Germán Busch. Está compuesta por ocho integrantes. A la cabeza se encuentra la señora presidenta Ana Maria, seguida de la tesorera la señora Beatriz y la secretaria de Actas la señora Silvia. Los negocios que llevan adelante cada una de estas señoras son diferentes, por ejemplo tenemos: venta de ropa, venta de chicharrón de pollo, venta de pollo, venta de juguetes, costura de chamarras y trabajo en carpintería.

En el caso del negocio de la señora presidenta, su negocio es la venta de ropa. Ella ya tiene experiencia en el ramo, más de cuatro años vendiendo ropa, cuenta con un puesto fijo en la Zona Ballivián de la ciudad de El Alto. Este es su primer ciclo, por lo que la señora Ana María considera que el crédito le servirá para incrementar la mercadería.

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
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mercurio Group's $2,250 loan helped a member to buy clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011