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Barrio Lindo Group
In this Group: Virginia , Paulina , Cecilia , Maria , Margarita, Petrona, Cecilia, Martha
The BARRIO LINDO community bank is entering its fourth round of funding as part of Pro Mujer, a division of the Panamericana Center. The group has eight members, headed by a board. Virginia is the president of the board. The members operate a range of businesses that include: plastic sales; food sales; a corner grocery; tailoring services; general crafts; sewing businesses; and hairdressing services.

The loan will support small businesses. Virginia tells us that she joined Pro Mujer three years ago, after receiving an invitation to join from a friend. She has a food business now. She helped her aunt start the business and joined in to operate it later.

Virginia will use the loan to buy the ingredients she needs (flour) to continue the business. She will buy the flour from a market in El Alto, use it to make "relleno" and sell what she makes from a market stall. The business provides her with the resources she needs to support her family. She is married and has three children.

When we asked Virginia what she likes about Pro Mujer, she told us that she likes the health and financial training the bank provides.
View original language description ↓
La A.C. “BARRIO LINDO” iniciará el ciclo cuarto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Virginia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de plásticos, venta de rellenos, tienda de barrio, costura de chamarras, artesanía en general, costura de polleras, tejido de mantas, salón de peluquería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Virginia es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por invitación de una amiga que al presente es socia de la institución. En la actualidad ella tiene un negocio de venta de rellenos; cuenta que este negocio lo emprendió por referencias de su Tía a quien le apoyo y posteriormente ella se involucro al mismo.

El crédito que ahora sacará es para el aumento de herramienta (compra de harina) que adquirirá de las ferias de la ciudad de El Alto y posteriormente a la preparación lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones de salud y crédito.

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
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    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 $2,125 loan helped a member to buy supplies for her food business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013