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Barrio Lindo Group
In this Group: Virginia, Reyna Encarna, Paulina, Lucia, Maria, Margarita, Cecilia, Martha, Francisca
The 'Barrio Lindo' (Beautiful Neighborhood) community bank is starting a new cycle with Pro Mujer, as part of the Panamericana regional office. The bank has nine members and is managed by a board of directors whose president is Virginia.

Virginia indicates to us that this is her second cycle with the 'Barrio Lindo' community bank. This cycle she is planning to increase her production of 'rellenos de papa' (meat-stuffed potatoes) and 'rellenos de patitas'. She will use her loan to buy supplies (oil, potatoes, vegetables, etc.) for her business preparing 'rellenos'. She sells her products all day Tuesdays and Fridays, from a fixed sales location in the city of El Alto, specifically in Ex-Tranca de Rio Seco. Virginia's work helps her to support her family since she is married and financially supports her household.

The businesses that the members of this community bank are engaged in are varied: running a neighborhood store, selling 'rellenos', sewing 'enaguas' (traditional underskirts), knitting blankets, creating handicrafts, creating plastic handicrafts, knitting products from vicuna wool and selling meals.

In the photo you can see a group of women who show themselves to be somewhat surprised by our visit. During the meeting they showed a desire to improve themselves.
View original language description ↓
La A.C. “BARRIO LINDO” iniciará un nuevo proceso en Pro Mujer, como parte del Centro Focal de Panamericana. Está compuesta por nueve integrantes, las que están dirigidas por una mesa directiva que tiene como presidenta la señora Virginia.

La señora Virginia, indica que es su segundo ciclo de trabajo en la A.C. “Barrio Lindo”. Este ciclo piensa aumentar su producción de rellenos de papa y patitas, ya que con el préstamo comprará insumos (aceite, papa, verduras, etc.) para su negocio de elaboración de rellenos; los que son vendidos los días martes y viernes, todo el día, en un puesto fijo que se encuentra en la cuidad de El Alto, específicamente en la Ex tranca de Rio Seco. Esta forma de trabajo le ayuda apoyar a su familia ya que ella es casada y aporta económicamente a su hogar.

Los negocios que las integrantes de la asociación comunal llevan adelante son variados: Tienda de barrio, venta de rellenos, costura de enaguas, tejido de manta, artesanía, artesanías en plástico, tejido de vicuña y venta de comida.

Se observa en la foto un grupo de mujeres que muestran algo de sorpresa por nuestra visita; durante la reunión manifestaron el deseo de mejorar.

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
  • 113
    View loans »
    Bolivia Loans Fundraising
  • $29,162,700
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio Lindo Group's $3,050 loan helped a member to buy potatoes, oil and flour.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011