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Jazmines Group
In this Group: Lourdes, Severo, Patricia, Eligia, Yvonne, Ermegilda, Veronica, Clara, Vivian Raquel, Eligia, Ruth, Santa Cecilia, Rosario, Ana Maria, Florencia, Dely
The members of the 'Jazmines' community bank are represented by Lourdes. The members know each other well as they live in the same neighbourhood. There is a blood relationship between the members Santa Cecilia and Florencia, who are sisters, however both have incomes completely independent of each other and so there is no risk of dependence within the group.

The members mostly work in the commercial sphere, selling products such as food, clothing and cosmetics by catalogue, or offering public transport services. In terms of competition, it can be said that the members are conscious of this, and they also mention that their capacity to manage credit well helps them to improve their businesses and increase their income.

This loan will be used to expand their merchandise, buy materials for work, and buy tools to better carry out their services. The members say that they have previously received loans from other similar financial entities, and a majority of the members have previously participated in other groups with the Agrocapital Foundation, thus demonstrating responsibility and commitment in making their repayments.
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Las socias D. la banca comunal "Jazmines" estan representadas por la señora Lourdes y son socias que se conocen entre si ya que residen en el mismo barrio, existe un parentesco consanguíneo entre la señora Santa Cecilia y Florencia las cuales son hermanas pero ambas cuentan con ingresos totalmente independientes por lo que no existe riesgo en el grupo. En cuanto al rubro que desempeñan es más del ámbito comercial y venden productos como comida, ropa, cosméticos por catálogos y al transporte público .en cuanto a la competencia se pueD. decir que ellas están conscientes D. la misma y también mencionan que la capacidad D. administrar bien el crédito, favorece para mejorar su negocio y obtener mejores ingresos. El crédito que se les otorgó esta destinado para aumentar su mercadería, comprar material D. trabajo y compra D. herramientas para desempeñar mejor sus funciones. Efectivamente las socias comentan que ya tuvieron créditos anteriores en otras entidades financieras similares y una mayoría D. las socias ya estuvieron con otros grupos en la fundación agrocapital demostrando responsabilidad y cumplimiento en sus planes D. pagos.

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

  • $5,500
    Average annual income
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,784,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD