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Las Frutillitas Group
In this Group: Rosely Melina, Erick Carlos, Wilma Virginia, Encarnacion, Julia, Josefa, Denis Omar, Mirka Sussy, Julia Rosario, Rosmery, Lineth Wendy, Antonia Monica, Patricia, Silvia
The Las Frutillitas Group ("The Little Strawberries) is maD. up of 14 people, all of whom have been together for several loan cycles. Rosely R. organized the group in 2007 and the group decided to call themselves Las Frutillitas, because the name brought back memories of good luck at other microfinance institutions.

Most of the women in the group have stable businesses, while others are public employees. Wilma, Josefa, Sussy, Julia, Patricia and N. all sell food (rice, cakes, prepared meals, salchipapas (French fries with hot dog slices), and sweets), Erick works as a driver, Encarnación sells macramé crafts, Julia and Rosely sell shawls, Denis works as a security guard, Rosmery sells knitted goods, Wendy fixes ovens, and N. Antonia sells bottles. Most of the group members plans to use this loan to buy more merchandise to sell, or to buy ingredients for cooking.

Las Frutillitas have never been late on their payments, so they were approved for this, their fourth loan. All of the group members are committed to repaying their loan, so that they can keep working with AgroCapital.

Translated and elaborated by Cynthia McMurry, Kiva Fellow


GRUPO CONFORMADO POR 14 PERSONAS QUE SE ESTABLECIERON DESD. EL PRIMER CICLO, EL GRUPO LAS FRUTILLITAS EMPIEZA EN EL AÑO 2007 DOND. LA SRA ROSELY R. CONFORMO EL GRUPO Y TODAS LAS SOCIAS LE DIERON EL NOMBRE D. LAS FRUTILLITAS POR QUE ESTE NOMBRE LES TRAJO MUY BUENOS RECUERSOS Y SUERTE EN OTRAS INSTITUCIONES


LA MAYORIA D. LAS SOCIAS TIENEN NEGOCIOS ESTABLES Y LA OTRA PARTE SON EMPLEADOS PUBLICOS POR LO QUE NUNCA EL GRUPO ENTRO EN MORA NI TUVO RETRASOS, POR LO QUE SE LES CONCEDIO EL PRESTAMO PARA ESTE CUARTO CICLO.


TODAS COMPROMETIENDOSE A LA CANCELACION D. SU DEUDA, PARA PODER SEGUIR TRABAJANDO CON LA INSTITUCION.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,385,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Frutillitas Group's $4,175 loan helped a member buy more merchandise and ingredients for cooking.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2008
Listed
Sep 4, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009