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Las Gardenias Group
In this Group: Elena Maria, Nelva, Reina Isabel, Ines, Jimmy Victor*, Carmen Rosa, Abigail, Senovia, Beatriz Graciela*, Juana, Lizeth Avigail, Isabel, Lorena Lupe, Frida
* not pictured
The "Gardenias" group is represented by Elena María and consists of 14 members who live in the same area. The majority of the members work selling products like groceries, cosmetics, cell phones, hair care, soft drinks, food, shoes and vegetables, as well as activities like public transport. Despite the competition in the market, the partners know how to succeed thanks to their experience and their drive to get their families ahead. The funding will be used for the purchase of materials, inputs and tools to improve their incomes and thus give their families a better quality of life. Most of the partners have experience in solidarity groups in their previous work with institutions just like Fundación Agrocapital. All of the members know how to manage the funds and understand the necessary responsibilities.
View original language description ↓
El grupo " Gardenias " esta representado por la señora Elena María y compuesta por 14 miembros los cuales residen en la misma zona. Una mayoría D. los socios (as) se dedica al comercio D. productos como los abarrotes, cosméticos, celulares, peluquería, refrescos, comida, zapatos, verduras y a actividades como el transporte público D. pasajeros. A pesar D. la competencia que existe en el mercado las socias saben como salir adelante gracias a su experiencia y las ganas D. sacar adelante a sus familias. El destino del financiamiento es para la compra D. materiales, insumos y herramientas para mejorar sus ingresos y D. esa forma brindar a su familia una mejor calidad D. vida. En general las socias cuentan con experiencia en grupos solidaR. debido a trabajos anteriores en instituciones similares a la Fundación Agrocapital, todos los socios (as) saben el manejo D. los fondos así como la responsabilidad que se requiere para un financiamiento.

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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD