The “Bolivia” Group is represented by Eusebia. It is comprised of 17 members, who are very hard workers. They sell kerosene, gasoline, and diesel fuel, the sale of pots, skirts, food, jewelry, making jackets, and selling beds and batteries. In the case of Don Lino, who is the only man in the group, he builds housing and also sells auto parts in the Fair of July 16th. In the market where the members work, there is a good deal of competition. In spite of that, the members value the speed that they have to change and supply their merchandise in accordance with the demands of a given time period. This credit is destined principally for the increase of working capital, for buying foods, and for buying materials to expand their activities. The majority of the members have experience with loans, given that this is not their first time working with Fundación Agrocapital in which they demonstrated responsibility and got along with the institution.
EL GRUPO "BOLIVIA" ESTA REPRESENTADO POR LA SEÑORA EUSEBIA ESTA CONFORMADA POR 17 SOCIOS (AS) LAS CUALES SON MUY TRABAJADORAS, ELLOS ( AS) SE DEDICAN AL COMERCIO D. KEROSENE, GASOLINA Y DIESEL, VENTA D. OLLAS, D. POLLERAS, VENTA D. COMIDA, VENTA D. JOYAS, COSTURA D. CHAMARRAS, VENTA D. CAMAS Y PILAS AL POR MAYOR . EN EL CASO D. DON LINO QUE ES EL ÚNICO VARÓN DEL GRUPO SE DEDICA A LA CONSTRUCCIÓN D. VIVIENDAS Y TAMBIÉN VEND. EN LA FERIA D. LA 16 D. JULIO REPUESTOS D. AUTOS. EN EL MERCADO DOND. TRABAJAN LAS SOCIAS EXISTE BASTANTE COMPETENCIA; A PESAR D. ELLO LAS SOCIAS SE VALEN D. LA RAPIDEZ QUE TIENEN PARA CAMBIAR Y SURTIR SU MERCADERÍA D. ACUERDO A LAS ÉPOCAS. EL DESTINO DEL CRÉDITO ES PRINCIPALMENTE EL INCREMENTO D. SU CAPITAL D. TRABAJO Y PARA LA COMPRA D. INSUMOS Y MATERIALES PARA DESEMPEÑAR SUS ACTIVIDADES. LA MAYORÍA D. LOS SOCIOS TIENEN EXPERIENCIA CREDITICIA PUESTO QUE NO ES SU PRIMER CICLO CON LA FUNDACIÓN AGROCAPITAL EN LA CUAL DEMOSTRARON RESPONSABILIDAD Y COMPROMISO CON LA INSTITUCIÓN.
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.