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Estrellas Group
In this Group: Jose Manuel, Rocio, Venancia, Shirley Edith, Javier Guido, Elvis Fanor, Carlos Antonio*, Milfred, Luis Carlos*, Reyna, Suzana, Carolina Lesley, Griselda Geovanna
* not pictured
The Estrellas ("Stars") group is made up of five men and eight women who live in Oruro, a small mining city in southwestern Bolivia. Most of the group members sell clothing: Jose Manuel, Rocio, Venancia, Shirley, Elvis, Luis, Reyna, Suzana, Carolina and Griselda. Of the remaining group members, Javier is in another type of commerce, Milfred sells prepared meals, and Carlos sells boards. Most of the group members plan to use this loan to buy more merchandise to sell.


Most of the group members have five years of experience or less in their respective businesses, though three members have more than ten years' experience and Venancia has 25 years of experience.


The group was originally made up of 15 people, but two group members did not show up for the loan disbursal so they were excluded from the group.


Translated and elaborated by Cynthia McMurry, Kiva fellow


esta fotografia corresponde al banco comunal las estrellas constituido por cuatro varones y ocho mujeres o este desembolso no asistieron dos socias quienes fueron escluidas del banco.

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 Estrellas Group's $2,525 loan helped a member buy bulk clothing to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 17, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 16, 2009