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Jazmines-Uno Group
In this Group: Basilio, Patrik Ariel, Roxana, Deisy, Pablo Antonio, Claudia, Maria Irene, Freddy Ruben, Susana, Salome, Liboria, Elvia Mariela, Justina, Elizabeth, Julia, Sonia
The “Jazmin Uno” Community Bank is represented by Basilio and consists of 16 members who work hard to be able to help their family's well-being economically. It's for this reason they turn to Kiva partner Fundación Agrocapital in search of quick economic support that will allow them to invest in their small businesses and thus obtain better profits so they can provide their families with a better quality of life. In general, the group makes a living selling products like bread, food, drinks, fruits and mattresses. Among the men, they work in home construction, public transportation and bake bread. There is a lot of competition within their commercial environment, but the members know how to keep moving forward, and they form a tight group with a lot of work experience. Many of the members have received individual loans from institutions similar to Fundación Agrocapital, so they have the experience to fully and honestly fulfill their obligations.
View original language description ↓
El banco comunal “Jazmin Uno” esta representado por el señor Basilio y conformado por 16 miembros, que trabajan para poder ayudar económicamente al bienestar de sus familias por eso es que acuden a la institución buscando un apoyo económico rápido que les permita invertir en sus pequeños negocios para así obtener mayores ganancias y brindarles a sus familias una mejor calidad de vida. El grupo en general se dedican a la venta de productos como pan, comida, refrescos, frutas y colchones, entre los varones se dedican al servicio de construcción de viviendas, transporte público y a la elaboración de pan. La competencia dentro del ámbito comercial es elevado pero los socios saben como salir adelante ya que son un grupo compacto y con mucha experiencia en sus trabajos. En cuanto a la experiencia en creditos solidarios muchos de los miembros del grupo ya trabajaron con instituciones similares a la Fundación Agrocapital por lo que cuentan con la experiencia para cumplir con sus obligaciones de forma honesta y cumplida.

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
  • 118
    View loans »
    Bolivia Loans Fundraising
  • $36,714,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmines-Uno Group's $4,075 loan helped a member increase working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 19, 2009
Aug 1, 2009
Currency Exchange Loss:
Jan 15, 2010