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Rincon Portada Group
In this Group: Veronica, Carla Lorena, Elena, Exalta, Josefa, Silberia, Yola, Florentina, Genara, Hilda, Juana, Julia
More than five years ago, in the focal centre of German Buch, located in the city of El Alto, the '21st of September' association was formed. The current president and one of the founders, Veronica B., invited her friends to become part of the group.


The members of this group are mainly involved in the food trade as a basis of their businesses. For example, they dedicate themselves to selling seasonal fruits, making and selling foods, selling vegetables, chicken, soft drinks, general groceries and others also knit and weave. They need to buy more fruits and ingredients for the preparation of food and more products.

View original language description ↓
En el centro focal Germán Buch ubicado en la ciudad de El Alto, hace más de cinco años, se formo la asociación “21 de Septiembre”, Verónica B. que actualmente es la presidenta, es una de las fundadoras, invitando a sus vecinas y amigas a formar parte del grupo.
Las integrantes de este grupo en su mayoría tienen a los alimentos como base fundamental de sus negocios, por ejemplo, se dedican a la venta de fruta de la temporada, elaboración y venta de comida, venta de verduras, carne de pollo, refrescos, viveres, otras también se dedican al tejido. Necesitan comprar otras variedades de frutas, insumos para la preparación de alimentos y mayor cantidad de productos.

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

  • $2,817
    Average annual income
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,514,125
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rincon Portada Group's $3,800 loan helped a member to buy products and ingredients/COMPRA DE PRODUCTOS E INSUMOS.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009