Funded

Total loan: $2,075
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Virgen Niña Group

Bolivia
Bolivia / Services

A loan of $2,075 helped a member operation Capital.


Virgen Niña Group's story

The “Virgen Niña” group is represented by Martha Rosario and comprised of 12 members who live in the same neighbourhood and have known each other for many years. The group´s members carry out different activities, amongst which are: sale of food and cosmetics, neighbourhood stores, public transport service and baking. Their businesses are located in different areas of the city, which is why they are profitable.

The financing they will gain from this loan will be used to increased their operational capital in the purchase of supplies, merchandise and tools. These purchases will enlarge their small businesses and generate a higher profit to offer their families a better quality of life.

The members have demonstrated responsibility and punctuality at every moment in the payment of their quotas in their previous loan cycle. According to the report from the Centre for Risk Control, they have good credit ratings in the other financial institutions they have previously banked with.

In this group: Martha Rosario, Sabino Juan, Ester, Guadalupe Susana, Jhaclym, Arminda, Froyla Emma, Ivar Marcelo*, Shagira Vanessa, Maria*, Virginia, Rosse Mary
*not pictured

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Translated from Spanish by Kiva volunteer Suzanne Grasso


Loan details

Loan length:

8 months
Disbursed date: September 15, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 15, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA