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Los Sauces Group
In this Group: Rissy, Juan Carlos, Maria Luisa, Sonia, Angelica Maria, Marcia, Ericka, Modestina, Patricia, Carmen, Delicia, Ruth Negri
The group "Los Sauces" is represented by Mrs. Rissy and composed of 12 members among whom are two sisters, Mrs. Maria Luisa and Mrs. Modestina. Both have totally independent incomes and are able to meet their own obligations. In general, the ladies are engaged in activities such as hairdressing and the sale of cosmetics, food, and other products depending on the season. Within their field of work exists a lot of competition, especially in the offering prices, but you can always come out ahead when you have ability and provide good treatment.

This funding is intended for the purchase of materials, supplies, and tools to provide a better service and be more competitive. The partners have experience in solidarity groups having worked before in this mode in institutions similar to the Agrocapital Foundation, so they know how to manage the funds and the group work in order to better meet their obligations.
View original language description ↓
El grupo " Los Sauces " esta representado por la señora Rissy y conformado por 12 miembros dentro de los cuales existen dos hermanas, la señora Maria Luisa y Modestina, ambas tiene ingresos totalmente independientes y son capaces de cumplir con sus propias obligaciones. En general las señoras se dedican a actividades como la peluquería, a la venta de cosméticos, comida y otros productos dependiendo de la época. Dentro del amito laboral existe gran competencia en especial en la oferta de precios pero siempre se puede salir adelante cuando se tiene capacidad y buen trato. El destino del financiamiento es para la compra de materiales, insumos y herramientas para realizar un mejor servicio y estar mas al nivel de la competencia. Las socias cuentan con experiencia en grupos solidarios ya que trabajaron antes bajo esta modalidad en instituciones similares a la Fundación Agrocapital, por lo que conocen como se deben manejar los fondos y los trabajos grupales para poder cumplir mejor con 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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD