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Siempre Amigas Group
In this Group: Maria Jesus, Silvia , Leidi Nancy, Maria Kelly, Elizabeth, Rosauro, Marian Karol, Silvia Isabel, Carmen Ruth Mery, Pedro Luis, Yeny, Sandy Irene, Francisca, Evelin
The group “Siempre Amigas” [“Always Friends”] is represented by Maria Jesus and composed of 14 members that have proven to be very dynamic given that they wish to carry out activities to become closer and more united with the group. The women have been friends for a very long time given that they know each other from their businesses and live in the same neighborhood. The majority of the group members run different business and provide different services, such as, beauty shops, grocery stores, food sales, cosmetics sales by catalog, while one of the male group members works as an auto mechanic and the other provides cleaning services. Generally the group members run their businesses out of their homes, and the rest work as mobile vendors without a fixed locale. As far as the competitive market is concerned, the group members have loyal clients thanks to their good work or because they provide quality products. The loan will be used to acquire merchandise to stock their stores, to purchase supplies and materials to expand their businesses, and to acquire tools that will help them carry out work of higher quality in less time. Their expectations are to gain better incomes so that they can offer their families a better quality of life while being in a stable economic situation. Even though they are in their first loan cycle, the group members count on experience in solidarity groups thanks to loans that they have received from other financial institutions similar to the Agrocapital Foundation.
View original language description ↓
El grupo “Siempre Amigas” esta representada por la señora Maria Jesús y conformada por 14 socios que han demostrado ser muy dinámicas puesto que desean realizar actividades para confraternizar y unirse mas como grupo; las señoras tienen una amistad desde hace mucho tiempo ya que se conocen de sus actividades comerciales y son vecinas del mismo barrio. La mayoría de los miembros de grupo desempeñan diferentes tipos de actividades comerciales y de servicio como salones de belleza, tienda de abarrotes, venta de comida, venta de cosméticos por catálogos y en cuanto los socios se dedican a actividades como mecánico automotriz y otro presta servicios de limpieza en general los socios desarrollan sus actividades en su domicilio y el resto son ambulantes sin puesto fijo. En cuanto al entorno competitivo los socios tienes clientes que se fidelizan gracias a su buen trabajo o por contar con productos de calidad. El destino del financiamiento de para la adquisición de mercadería para surtir sus tiendas, insumos y materiales para agrandar sus negocios y herramientas que ayuden a realizar un trabajo de mayor calidad yen menor tiempo. Sus expectativas son tener mayores ingresos para brindarles a sus familias una mejor calidad de vida así como tener una economía más estable. A pesar de estar en su primer ciclo los miembros del grupo cuentan con experiencia en grupos solidaR. gracias a créditos con otras instituciones financieras similares a la fundación Agrocapital.

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
  • 125
    View loans »
    Bolivia Loans Fundraising
  • $34,692,600
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Amigas Group's $2,750 loan helped a member operation capital (to purchase merchandise, supplies, materials, and tools).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 28, 2009
Sep 1, 2009
Currency Exchange Loss:
Dec 15, 2009