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Solidaridad Aa Group
In this Group: Juana, Laureana, Guillermo Ronal, Angela, Carmen, Marcela, Ivanna, Becky, Adela, Dora, Alfredo, Sonia Paola, Felipa, Anibal
The Solidaridad AA group consists of three men and 11 women who live in Sucre, in south-central Bolivia. Most of the group members are mothers of young children. They are involved in a variety of economic activities: sewing skirts and athletic clothing; selling cell phones; knitting shawls and sweaters; selling cookies, fruits and vegetables; driving taxis; selling beauty products and cosmetics; and running a neighborhood store. Most of the group members have between one and seven years of experience in their respective businesses, with the exception of Angela and Dora (who knit shawls and sweaters and sew athletic clothing, respectively), who both have more than fifteen years of experience.


Most of the group members will use their Kiva loans to buy more bulk merchandise to sell or to buy more raw materials for making clothing. This is the group's first loan. Their loan officer describes them as a very responsible and entrepreneurial group.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Solidaridad Aa Group's $4,475 loan helped a member buy materials to make clothing or buy bulk merchandise to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 17, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
N/A
Ended:
May 15, 2009