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Las Orquideas Group
In this Group: Eliana, Martha, Roque, Dismar, Luisa, Petrocinia, David, Mercedes, Sonia, Ana Maria, Mercedes, Emma, Ignacia, Luciano, Reina, Alonzo, Claudina, Modesta, Marina
Eliana leads the Orquídeas group, which is one of the banks that has demonstrated responsibility and completion of their payments during previous loan cycles with the institution.

For the most part, the members of this large group are involved in the businesses of selling food, selling clothes, selling meat, making handmaD. weavings, and making bread. Some members offer services such as taking care of children, working as employees, nurses and farmers.

The loan is to get merchandise and increase working capital. This is in order to keep getting better and to grow together with the institution that offers them economic support. This support helps their families to get ahead and offers them a better quality of life. This is how to help to personally improve each one of its members.
View original language description ↓
El grupo “Orquídeas” dirigido por la señora Eliana es uno D. los bancos que a demostrando responsabilidad y cumplimiento en sus pagos D. anteriores ciclos dentro D. la institución. En su mayoría los integrantes D. este grupo numeroso se dedican a actividades D. índole comercial como la venta D. comida, ropa, carne y a la elaboración D. tejidos hechos a mano, pan y a actividades D. servicio como D. cuidado D. niños, empleados, enfermeras y agricultores. El financiamiento esta destinado a la adquisición D. mercaderías y al incremento D. su capital D. trabajo para seguir mejorando y crecer junto a la institución que le brinda un apoyo económico para sacar adelante a su familia y brindarle una mejor calida D. vida así como ayudar a la superación personal D. cada uno D. sus integrantes.

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
  • 123
    View loans »
    Bolivia Loans Fundraising
  • $36,721,100
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Orquideas Group's $4,400 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2009
Listed
Jun 7, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009