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Flor De Rosa Group
In this Group: Rosa , Alicia, Delia , Fidelia , Bertha Cristina, Danny Lorena, Judyd July, Lucia
The “FLOR DE ROSA” communal bank will begin its second cycle in Pro Mujer, as a part of the Senkata center. It is made up of eight members and they have a board of directors led by Rosa. The members' businesses are varied. Among them we have: selling api, a welding shop, selling food, sewing skirts, a beverage shop, sewing tennis shoes, and selling coffee.

Rosa has been a part of the communal bank for six months. She has a business selling food, something she has been doing for years. The loan from this cycle is to outfit another business she has, a music service. The equipment will be acquired in a retail store and later she'll set it up in her commercial space. this work allows her to support her family. She is married and has five children.
View original language description ↓
La A.C. “FLOR DE ROSA” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Senkata. Está compuesta por ocho integrantes y cuentan con una mesa directiva a la cabeza de la misma se encuentra la señora Rosa Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de api, taller de soldador, venta de comida, costura de polleras, tienda de frescos, costura de tenis, venta de café.

La señora Rosa, indica que forma parte de una asociación comunal desde hace seis meses y que en la actualidad ella cuenta con un negocio de venta de comida, que viene trabajando hace años. El crédito de este ciclo es para la implementación de un negocio paralelo, este es el de servicio de música. Este esquipo será adquirido de las tiendas comerciales y posteriormente lo implementara en su espacio comercial. Esta forma de trabajo le permite apoyar a su familia pues ella es casada y tiene cinco hijos.

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
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Rosa Group's $3,300 loan helped a member to buy speakers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 15, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012