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Bello Horizonte Group
In this Group: Sarah, Juana, Brisa, Yolanda Maria, Maria Angelica, Catalina, Maria Teresa, Mary Luz, Maria Luisa, Orlando, Bila, Elvira
The "Bello Horizonte" group is headed by Sarah and comprised of 12 members, who together, are in the process of their third loan cycle. Such shows responsibility and industriousness, and the group is very grateful for the economic support and trust provided by the parties involved. Most of the members sell products such as food, clothes, domestic appliances, cosmetics, and alcoholic beverages. Some members proviD. domestic services. The group's President sells typical fare such as majaditos (a regional rice dish), patasca D. trigo pelado (wheat with jerked beef) and soup in the market from very early till late. Therefore, she has very little time to spend with her children. She hopes to spend more time with them, by focusing on lunch sales only, thereby increasing her earning potential. However, at present, providing her children with an education and a roof over their heads takes priority. As is the case with Sarah, many of the group's members also have to leave home to work. However, such is the price they pay for household upkeep and to improve the lives of their children. The purpose of the loan is to buy consumables, utensils and other necessary products in order to generate a higher income for the members' households. The members' greatest wish is to be able to proviD. a stable home for their children as most of the members rent accommodation or live in 'anticríticos' (a particular type of renting) and are constantly having to relocate in search of a new place in which to rent. Therefore, members have to work to be able to purchase a property or build on plots of land, which some have already managed to buy and which will proviD. a better life for their families.
View original language description ↓
El grupo “Bello Horizonte” esta representado por la señora Sarah y conformado por 12 miembros que van cursando un tercer ciclo juntas demostrando responsabilidad y ganas D. trabajar junto con la institución con la cual están agradecidos por el apoyo económico y la confianza depositada. La mayoría D. las socias se dedican a la venta D. productos como Venta D. comida, venta D. ropa, venta D. refrigerios, venta D. cosméticos, venta bebidas alcohólicas y algunas socias se dedican a servicios domésticos, por ejemplo las presidenta se dedica a al venta D. comida típica como majaditos, patasca D. trigo pelado y sopas en el mercado trabaja desD. muy temprano y termina en la noche después D. vender sus platos D. cena por lo que pasa muy poco tiempo con sus pequeños niños que es lo que mas le preocupa ella quisiera generar mayores ganancias solo con sus almuerzos para poder pasar el resto del día con sus hijos pero asta que las ganancias no mejoren ella se conforma con poderles pagar una educación y que tengan un techo donD. descansar, así como las señora Sarah muchos D. lso socios deben dejar a sus nichos para trabajar pero es el precio que pagan por sus sustento y para mejoras la vida D. sus hijos. El destino del financiamiento es para la compra D. insumos, materiales y herramientas que ayuden a generar una mejor ganancia que ayuD. a mantener a sus hogares. La mayor expectativa que tiene las socias es poder darles un hogar estable a sus hijos ya que muchas D. las socias viven en alquileres o anticríticos y constantemente debe trasladarse en busca D. un nuevo hogar es por esta razón que traban para poder comprarse una cas o construir en lotes que algunos D. los socios ya tienen comprados, dándoles un mejor hogar a sus familias.

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
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Bello Horizonte Group's $3,250 loan helped a member to generate business income.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2009
Listed
Feb 2, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 12, 2010