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Barrio Lindo Floresca Group
In this Group: Ernestina, Vera Lucia, Sofia, Isidora, Romulo Gerardo, Viviana , Maria Alicia, Wilver
The 'Barrio Lindo Floresca' community bank are beginning their second loan cycle. The group has eight members who live in Vella Vista district. They all have their own businesses and activities. The group's president is Ernestina who is 45 years old. She was elected president of the group because of her responsibility and kindness. She always helps her fellow bank members.

Ernestina's business is selling food from her home. She has been in this business for two years. Ernestina is married to Vicente, who is an electrician, and they have two children who are in school. Ernestina requested this loan to buy supplies and ingredients such as rice, noodles and oil wholesale. She will use these to make her delicious dishes. Ernestina's wish is to eventually own a restaurant and see her children become professionals. The members of this group are grateful to our institution for having placed our trust in them and given them the support they need to grow their businesses.
View original language description ↓
El banco de emprendimiento Barrio Lindo Floresca esta entrando a su segunda secuencia conformado por 8 integrantes que viven en la zona Vella Vista cuentan con negocio y actividad propios . La Presidenta es la Sra. Ernestina tiene 45 años de edad fue elegida como presidenta del grupo por su responsabilidad y amabilidad, siempre colabora con sus compañeras, su actividad es la venta de comida en su mismo domicilio hace 2 años que se dedica a esta actividad, esta casada con el sr. Vicente el cual es electricista y tienen 2 que se encuentran estudiando, la Sra. Ernestina solicito el crédito para la compra insumos e ingredientes como arroz, fideo, aceite por mayor para la elaboración de sus riquísimos platillos. El deseo de la Sra. Ernestina es el de tener un restaurante con el tiempo y poder ver a su hijos profesionales. Los señores están muy agradecidos con nuestra entidad por haber confiado en ellos y brindarles un apoyo para poder crecer en su negocios y actividades

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,131,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio Lindo Floresca Group's $3,175 loan helped a member to buy ingredients such as rice, noodles and oil wholesale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012