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Manantiales Group
In this Group: Sonia, Pura, Carolita, Veronica Gladys, Ricardo, Dilma, Lorenza, Silvia, Ana Maria, Monica, Daniela, Victoria, Asunta, Ana Asunta
The members of the "Manantiales" communal bank are represented by Sonia. They include relatives--Asunta and Sonia are sisters--but they each have independent incomes. They all live in the same neighborhood, Urbanización Gallito and Recreo. They have different businesses, some established and some mobile, like the sale of cosmetics, bread, groceries and food. One of the partners is a driver with his own vehicle, so all of them have economical daily transport. As for the competition, they are well aware of it and know how to face it. The credit helps improve their business and improve the quality of life for their families. This loan will be used to supply their stores, take advantage of sales, and for the driver to purchase spare parts. The partners have had previous loans in other financial institutions similar to Agrocapital, and some of them are now in their second cycle together, so they have abilities in the administration of funding, as well as volunteerism and honesty to meet their obligations.
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Las socias de la banca comunal "Manantiales", están representados por la señora Sonia y presentan un parentesco familiar entre la señora Asunta y Sonia que son hermanas, pero tienen ingresos independientes una de la otra, todas residen en el mismo barrio la Urbanización Gallito y el Recreo, tienen diferentes negocios algunos ya establecidos y otros ambulantes como la venta de cosméticos, pan, tienda de abarrotes y venta de comida, el socio participante es chofer con movilidad propia, todos tienen un movimiento económico diario. En cuanto a la competencia se puede decir que ellas están conscientes de la misma y saben como hacerle frente, comentan que la administración del crédito, favorece para mejorar su negocio y la calidad de vida de su familia. El crédito que se les otorgó esta destinado a surtir sus tiendas, para las promotoras aprovechar las ofertas y el socio para participante para comprar repuestos para su movilidad. Efectivamente las socias comentan que ya tuvieron créditos anteriores en otras entidades financieras similares a la fundación Agrocapital y a otras van cursando su segundo ciclo juntas por lo que cuentan con capacidad para ala administración de fondos así como la voluntad y honestidad para cumplir 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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD