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Rey De Reyes Group
In this Group: Pura, Cristian, Dunia, Elizabeth, Gladis, Diana, Roxana, Grimelia, Hermosinda, Elva, Yanet Ignacia, Juana Patricia, Carola
The partners of the "Rey de Reyes" communal bank are represented by Pura, who serves as a familial nexus between her brother Cristian as well as partners Dunia and Elizabeth. Each of them has a totally independent income from various activities--some sell food in the evenings, promote cosmetics and sell soft drinks and bread; others make clothing and silkscreen. As in all commercial pursuits, there is competition and demand, but these partners know how to get ahead on their own. This loan will help them diversify their products, expand their sales locations and purchase supplies and materials. The partners have experience in solidarity groups and are now in their second cycle, demonstrating aptitude and honesty in their work and in the fulfillment of their obligations.
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Las socias del banco comunal "Rey de Reyes", están representados por la señora Pura quien presenta un como nexo consanguíneo con su hermano el señor Cristian al igual que la señora Dunia y Elizabeth pero ambos cuentan con ingresos totalmente independientes. Las socias de este banco tienen diferentes actividades algunas venden comida por las noches y son promotoras de cosméticos, venta de refrescos, pan, otros se dedican a actividades como la confección de prendas de vestir, serigrafía .como en todo rubro comercial siempre existe la competencia de la oferta y la demanda pero los socios saben como salir adelante por sus propios medios. Este crédito esta destinado para la diversificación de productos y para ampliar los lugares de atención de sus negocios así como para la compra de insumos y materiales. Las socias cuentan con experiencia en grupos solidarios ya que se encuentran en su segundo ciclo demostrando capacidad y honestidad en su trabajo y en el cumplimiento de sus obligaciones.

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
  • $28,685,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD