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9 De Agosto Group
In this Group: Petrona, Dorotea, Marco Antonio, Walter Ivan, Jose, Roxana, Ignacia, Hilda Catalina, Ramiro, Demetrio Fernando, Patricia, Marcelina
View original language description ↓
This group is maD. up of 12 people, 75% of which are women. The name of the group comes from the area where they all live. All the members have stable businesses and most sell in the Sensata market. Most of the members are builders who have a fixed income through a government plan whereby they build in the Cristal neighbourhood. The group's objective is to grow and improve their standard of living using the loans that they are given. Like Catalina (who you can see in the photo above wearing the blue sweater and cap) who sells hats and gloves as this credit will allow her to buy more gloves for the cruel winter which is when she sells most of her products. Ignacia will also be helped as she sells food in a strategic place near the 25 D. julio school where she sells lunches and small meals, and this loan will allow her to bulk buy flour to make dough and bread.

Translated from Spanish by Liz Harvey, Kiva Volunteer



Grupo conformado por 12 personas 75% del grupo mujeres. El nombre del grupo viene D. la zona donD. ellos residen. Todos las socias y socios tienen negocios estables, casi la mayoría venD. en la feria D. Sensata, los socios son en su mayoría albañiles que tienen un ingreso fijo por el nuevo plan del gobierno que ha impuesto D. las construcciones D. vivienda que queda en la zona cristal. El Grupo tiene por objetivo dar crecimiento y mejorar su nivel D. vida con el préstamo que se les esta brindando. Como ser la señora Catalina que se encuentra en la foto D. la parte superior vestida con chompa celeste y una gorra azul, ella se dedica a la compra D. guantes y gorras este crédito que se le esta otorgando es para la compra D. guantes para este crudo invierno como es fecha clave la señora tendrá éxito en la inversión que ella realizara. También se encuentra doña Ignacia, ella se dedica a la venta D. comida, su pensión se encuentra en un punto estratégico por que esta casi a lado del colegio 25 D. julio donD. venD. almuerzos y platos extras, este préstamo otorgado es para la compra en cantidad D. harina para la elaboración D. algunas masitas y pan.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of 9 De Agosto Group's $3,875 loan helped a member capital for the businesses of the groups/CAPITAL OPERACIONES.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 4, 2008
Listed
Jun 25, 2008
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009