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Abaroa Okinawa Group
In this Group: Santa Maria, Omar Ludvin*, Ramona, Deyanira, Marina, Isabel, Mariela, Maria Ines, Martha, Javier, Susana, Elio, Gladys
* not pictured
The “Abaroa Okinawa” group is represented by Santa María and is maD. up of 14 members: 10 women and 4 men.

Mrs. Santa María is employed by a firm; she is in charge of the final packing of the finished product. She has three children, who she supports together with her husband. Because the firm she works for is currently modernizing its machinery she thinks that she might be replaced by one of them. She wants to set up a beverage and turnover stand in her doorway or, if possible, set up on one of the town’s main avenues to have better sales. For this to happen, however, she needs capital and this is why she’s asking for a loan to start her new business which, for the time being, she can operate outsiD. her normal employment hours.

The rest of the members are involved in various commercial activities like: hamburger sales, bread sales, food sales, cosmetics sales. Competition among them is really difficult, especially in food and cosmetic sales, because every member expects good results from her daily sales.

The loan will be used to stock their stores, buy more products and offer better services to their customers so that they will have more income and a better economic situation in the future.

As this is a new group, they have received training and they are happy and satisfied to be clients of Agrocapital although some of the members already have experience thanks to similar loans with other entities.
View original language description ↓
El grupo “Abaroa Okinawa” esta representado por las señora Santa María y conformada 14 miembros la cual son 10 mujeres y 4 son varones. La señora Santa María es emplead D. una industria con el cargo D. envasa y encajona el producto terminado ella es madre D. tres niños que sustenta junto con su esposo, debido a que la empresa actualmente se encuentra modernizando sus maquinarias y ella ve la posibilidad D. que la remplacen por una D. ellas, la señora Santa María desea poder iniciar un puesto D. venta D. refrescos y empanadas en la puerta D. su caso o buscar la posibilidad D. salir a una avenida principal para tener mayor venta, pero para ello requiere D. capital es por esta razón que requiere del préstamo para poder iniciar su negocio nuevo que mientras tanto pueD. funcionar fuera del horario D. trabajo actual. El resto D. las socias se dedica a la venta D. hamburguesa, venta D. pan, venta D. comida, venta D. productos D. cosméticos. La competencia entre las socias es realmente difícil, especialmente en la venta D. comida y en la venta D. cosméticos, ya que cada socia espera cada día un buen resultado en sus ventas. El crédito lo destinaran para poder surtir sus tiendas y comprar más productos y ofrecer mejores servicios a sus clientes para que a futuro tengan sus negocios con mayores ingresos y una mejor situación económica. Como es un grupo nuevo se les ha dado una capacitación que están satisfechas y contentas D. ser clientes D. Agrocapital pero algunas D. las socias ya poseen experiencia gracias a créditos similares en otras entidades

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
  • 117
    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 Abaroa Okinawa Group's $2,850 loan helped a member operational capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 30, 2010
Mar 1, 2010
Currency Exchange Loss:
Sep 2, 2010