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King Of Kings Group
In this Group: Rosa, Juana Rosmery, Angelica Maria, Rosita, Marcelina, Raul, Cristian, Dunia, Elizabeth, Gladis, Maria Veneranda, Diana, Roxana, Grimelia, Hermosinda, Mayerlin, Maria
The members of the King of Kings Group are represented by the president, Mrs. Rosa. Mrs. Dunia and Elizabeth are sisters and the daughters of Hermosinda. Both of them have independent business, so they were considered for this group. These integral women sell food and clothes, promote Avon and Yambal beauty products, are tailors and screen painters, sell groceries, own a bakery, and are hairdressers. The men are screen painters and welders. They have also had their own car for over a year. As in the entire commercial field, there always exists the competition of supply and demand. According to all of the members, the loan granted to them by the foundation will be used to expand their businesses. The majority of the members have worked with foundations or financial organizations, from which they have experience in supportive groups. With respect to Agropital, the members belong to the first cycle.
View original language description ↓
LOS SOCIOS DEL GRUPO REY D. REYES REPRESENTADA POR LA PRESIDENTA SRA ROSA. LA SRA. DUNIA Y ELIZABETH SON HERMANAS E HIJAS D. HERMOSINDA AMBAS CUENTAN CON NEGOCIOS INDEPENDIENTES POR LO QUE FUERON CONSIDERADAS PARA CONFORMAR EL PRESENTE GRUPO. LAS INTEGRANTES MUJERES SE DEDICAN A LA VENTA D. COMIDA, ROPA, PROMOTORAS D. AVON, YAMBAL, SASTRERIA, SERIGRAFIA, ABARROTES, PANADERIA, PEINADORAS. EN CASO D. LOS VARONES SE DEDICAN A LA SERIGRAFIA Y A LA SOLDADURA, TAMBIÉN CUENTAN CON AUTO PROPIO DESD. HACE MÁS D. 1 AÑO. COMO EN TODO RUBRO COMERCIAL SIEMPRE EXISTE LA COMPETENCIA D. LA OFERTA Y LA DEMANDA. SEGÚN EXPRESIONES D. TODOS LOS SOCIOS(AS) EL CREDITO OTORGADO POR LA FUNDACIÓN ES PARA LA AMPLIACION D. SUS NEGOCIOS.LA MAYORIA D. LAS SOCIAS HAN TRABAJADO CON FUNDACIONES O ORGANIZACIONES FINANCIERAS POR LO CUAL CUENTAN CON EXPERIENCIA EN GRUPOS SOLIDAR.. POR LO QUE RESPECTA A AGROPITAL LAS SOCIAS PERTENECEN AL PRIMER CICLO.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of King Of Kings Group's $3,250 loan helped a member capital for their operations.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 1, 2008
Listed
Oct 18, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009