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Peniel Group
In this Group: Nelva Mery, Elizabeth, Leticia Aracelia, Mary, Caren Alicia, Agustina, Loyda, Lucia, Gimena, Eulogia Marina, Martha, Cinthya Lauren, Margarita, Flora, Cecilia Sebastiana
The "Peniel" group is composed by 15 members managed by Nelva Mery L. P.. Most of their members are business men and women who sell clothes, handicrafts, food, school supplies, hand-maD. mats and others depending on the time of the year. Members are alert for dishonest competitors but they have experience in their fields and know how to face the hard times. They are very hard working, honest and responsible people as they have proven to be in their previous financing projects.

The loan will be used to purchase more products for sale, as well as supplies and material. Members have group financing experience so they are familiar with the system and they are aware of the responsibility required to make timely payments not to let down the institution or the other members of the group.
View original language description ↓
El grupo "Peniel " esta conformado por 15 miembros los cuales están precedidos por la señora Nelva Mery. En su Mayoría las socias se dedican al comercio D. diferentes productos como a la venta D. ropa, artesanías, comida, material escolar, mantas tejidas a mano y otros dependiendo D. la época del año. Las Socias saben que existe la competencia desleal ene el mercado pero ellas tienen experiencia en sus rubros y saben como enfrentarla, son personas muy honradas, responsables y cumplidas como lo han demostrado en anteriores financiamiento. El crédito esta destinado al mejoramiento D. la mercadería a la venta así como para el aumento D. sus insumos y materiales. Las socias tienen experiencia en financiamientos grupales por lo que saben el sistema D. trabajo y la responsabilidad que se requiere para obtener cumplir con los pagos y no fallar ni a la institución ni a los miembros D. su grupo.

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD