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Luz Del Camino Group
In this Group: Rosa Rosmery, Celia Lourdes, Esther Juana , Salome Maria, Frida Roxana, Nancy Patricia, Claudia Daniela, Heidy Nadir, Zaida Emilia, Leonor Maria, Rosario
The "Luz del Camino" ["Light in the Path"] Communal Bank is represented by Ms. Rosa Rosmery and maD. of 11 members, all very hardowrking. A big part of the members are married and have families composed, in the main, of 3 members. These are humble people of rural origins but with great expectations of growth, as they show in their stalls selling food, blankets and white linen, cosmetics, general supplies, eggs, oil, household articles and elctric household appliances.

Rosa Rosmery has been selling bedcovers for the past 5 years, while Celia Lourdes has been selling household items for 10 years. Juana has been selling comforters for 3 years, Salome Maria has been selling meals for the past year, Frida Roxana has been running a hardware store for two years, Nancy Patricia has been working at a copy shop for the past 3 years, Claudia Daniela began selling cosmetics a year ago, Heidy Nadir has had her grocery store for the past 6 years, Zaida Emilia has been selling women's clothing for 3 years, Leonor Maria has been selling lunches for the past 3 years, and G. Rosario has been selling oil and eggs for the past year. Most of the members work hard to surpass the competitors because their homes' support depends upon it.

The loan will be destined to increase the working capital in their businesses and invest in the purchase of raw material and merchandise to continue growing and generate a better profit that will enable them to offer their families a better quality of life, a stable home and a good education for their children. Most of the members already knew this modality of loans through Communal Banks thanks to similar loans with other microfinance institutions but they are happy to work with Fundación Agrocapital, which offers them its economic support and, more importantly, trusts in their work and performance.
View original language description ↓
El grupo “Luz del Camino” esta representado por la señora Rosa Rosmery y conformado por 11 integrantes muy trabajadores, una gran parte D. los miembros son casados y con familias integradas en un promedio D. 3 miembros, son gente humilD. D. procedencia rural pero con grandes expectativas D. crecimiento como lo demuestran en sus puestos D. venta D. comida, edredones y ropa para cama, venta D. cosméticos, abarrotes, huevos, aceites, artículos para el hogar y electrodomésticos.

Rosa Rosmery se dedica a la venta D. cobertores desD. hace 5 años, Celia Lourdes se dedica a la venta D. artículos D. hogar desD. hace 10 años atrás, Juana venD. D. edredones y tiene experiencia D. 3 años en el rubro, Salome Maria venD. comida desD. hace 1 años atrás, Frida Roxana atienD. una tienda D. ferretería desD. hace 2 años atrás Nancy Patricia se dedica a la atención D. fotocopiadora desD. hace 2 años atrás, Claudia Daniela venD. cosméticos recientemente desD. hace 1 año. Heidy Nadir atienD. su tienda D. abarrotes desD. hace 6años atrás, Zaida Emilia se dedica a la venta D. ropa para damas tiene experiencia D. 3 años, Leonor Maria atienD. su pensión donD. ofrece una variedad D. platos desD. hace 3 años, G. Rosario se dedica a la venta D. huevos y aceite tiene una experiencia D. 1 año. En su mayoría las socias D. este banco comunal se dan modos para poder luchar contra la competencia, ya que D. ello depenD. el sustento D. sus hogares.

El destino del crédito es para incremento del capital D. sus negocios para poder invertir en la adquisición D. mercadería y materia prima para seguir creciendo y generar un mayor ingreso que permita darles a sus familias una mejor calidad D. vida con un hogar estable y una buena educación para sus hijos. La mayoría D. los miembros del grupo ya conoce la modalidad D. grupos solidaR. gracias a créditos similares en otras instituciones pero están felices D. poder trabajar con la Fundación Agrocapital que les brinda su apoyo económico y sobre todo confianza en su trabajo y en su desempeño.

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
  • 127
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Del Camino Group's $2,925 loan helped a member working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 21, 2009
Feb 1, 2010
Currency Exchange Loss:
Aug 12, 2010