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El Cupesi Group
In this Group: Olga, Rodolfo, Cecilia Delma, Rosa, Juan Alberto, Maria Rosario*, Juan Jose, Isabel, Nancy, Katherine, Veronica, Isabel, Alberto, Roxana, Karina, Susy Wilma, Medarda
* not pictured
The "Cupesi" group is represented by Olga, and includes 17 members who are in their first loan cycle with this institution. They are all mothers and fathers, and are hard-working and entrepreneurial. They are involved in businesses like tinsmithing, blacksmithing, selling bread, chicken, cheese, food, perfume, appliances, and groceries, as well as providing services like teaching. The dedication of these people is high, since they depend on their businesses for daily income to sustain their families.

For example, Olga sells hamburgers at the intersection of two avenues to proviD. for her two children. She is married, but given her husband's income, they don't have enough to pay for rent, basic services, and education for their children. That is why she delivers newspapers in the morning and sells hamburgers in the afternoon and evening, with the help of her small children.

These loans will be used to buy ingredients, materials, and tools to improve their businesses and increase their incomes, so they can improve their homes and give their families a better quality of life. Although this is their first loan cycle, the members of this group already have experience with group loans and know that the group is necessary for them to have access to this economic support and they need to keep the trust of our institution. They have a strong desire to work and to get ahead, and they are united in this group.

View original language description ↓
El grupo “Cupesi” esta representado por la señora Olga y conformado por 17 miembros que van cursando su primer ciclo con la institución, todos los miembros son padres y madres D. familia muy trabajadores y emprendedores. Entre las actividades que realizan esta la venta D. hojalatería, herrería, pan, pollo, queso, comida, perfumes, electrodomésticos, abarrotes y a la prestación D. servicios como maestra, la dedicación D. las socias a sus negocios es bastante ya que muchas D. ellas dependen del ingreso diario para mantener a sus familias por ejemplo la señora Olga se dedica a la venta D. hamburguesas en el cruce D. dos avenidas para sustentar a sus dos hijos ella es casada pero dada la situación lo que gana su esposo no les alcanza para pagar el alquiler, servicios básicos y la educación D. sus hijos por lo que en la mañana se dedica a repartir el periódico y en el transcurso D. la tarD. y la noche empieza a vender sus hamburguesas con la ayuda D. sus pequeños. El destino del financiamiento es para la adquisición D. insumos, materiales y herramientas para mejorar sus negocios y poder adquirir mejor ingresos para el mejoramiento D. sus hogares y la posibilidad D. darles a sus familias una mejor calidad D. vida. A pesa D. ser su primer ciclo las socias del grupo ya tienen experiencia en grupos solidarios y saben que se necesita para poder seguir contando con el apoyo económico y con la confianza D. nuestra institución, muchas ganas D. trabajar, muchas ganas D. salir adelante y sobre todos unidad en sus grupo.

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
  • 133
    View loans »
    Bolivia Loans Fundraising
  • $36,286,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD