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Las Solidarias Group
In this Group: Milton, Blanca Elena, Juana, Danny, Yovana, Magaly, Brenda, Policarpia, Piedades, Anahy, Juana, Maria Rosario, Olivia
The Las Solidarias Group, represented by Mr. Milton, is comprised of 13 hard-working members who have demonstrated their abilities in their 3 previous loan cycles. They have met their own expectations of growth and fulfilled their obligations responsibly. All the members run their own businesses, such as selling bread, provisions, fast food, home appliances, cosmetics, and providing cleaning services. They have plenty of competition in their neighborhood, but the competition does not offer the same quality as the group members do, which means that they have the advantage. This loan will be used to restock their shops and purchase supplies in bulk. They expect to obtain greater profits and to be more financially independent so that they can offer their families a better quality of life and a brighter future.
View original language description ↓
El grupo "Las Solidarias " esta representada por el señor Milton y conformado por 13 miembros D. socios muy trabajadores como lo han demostrado en sus dos anteriores tres ciclos respondiendo a sus propias expectativas D. crecimiento y cumpliendo con sus obligaciones responsablemente. Cada una D. las integrantes del grupo tienen sus propios negocios D. venta D. productos como la venta D. pan, tienda D. abarrotes, venta D. comida, electrodomésticos, cosméticos y servicios D. limpieza. En cuanto al entorno competitivo podemos mencionar que sus competidores si bien están presentes en el barrio no tienen la misma calidad D. producto que las socias ofrecen por lo que ya tiene una ventaja sobre sus competidores. El crédito esta destinado para surtir sus tiendas, y compra D. insumos en mayor cantidad. Sus expectativas es tener más ingresos y ser más independientes económicamente para poder darles a sus familias una mejor calidad D. vida y un mejor futuro.

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
  • 113
    View loans »
    Bolivia Loans Fundraising
  • $36,698,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Solidarias Group's $2,975 loan helped a member business capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 29, 2009
Dec 1, 2009
Currency Exchange Loss:
Jun 25, 2010