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Barrio Lindo Floresca Group
In this Group: Ernestina, Vera Lucia, Sofia, Isidora, Viviana , Meybur, Salome, Fatima
The communal bank "Barrio Lindo Floresca" has 8 member who are all women. The president of the bank is Viviana, 46, who has 2 children and has a business styling hair, manicuring nails, and doing makeup in her beauty salon. Her salon is located in the town of El Torno in the city of Santa Cruz. She also has a nursery where she cultivates a variety of vegetables that she sells in the town market. This is her 3rd loan with the institution.

Viviana will use this loan to buy more hairstyling and beauty products, such as hair dyes, curlers, and a variety of creams.

Viviana will use the profits from this business to continue buying supplies and improving her beauty salon. Viviana is a hardworking person who feels happy and grateful to the institution for the support provided.
View original language description ↓
El Banco de emprendimiento BARRIO LINDO FLORESCA está compuesto por ocho integrantes todas mujeres, la presidenta del banco es la Sra. Viviana tiene 46 años, tiene dos hijos, ella se dedica al servicio de peinados y de manicurista y también maquillaje en su salón de belleza que se encuentra en la localidad de El Torno de la ciudad de Santa Cruz, también tiene su vivero donde siembra variedad de hortalizas que lo comercializa en el mercado de la localidad este préstamo es su tercera secuencia dentro de la institución, la Sra. Viviana va a utilizar este préstamo para la compra de productos de peluquería y belleza, como tintes de cabello y ruleros, también variedad de cremas y va a utilizar los beneficios en seguir comprando materiales y mejorando su salón de belleza, la Sra. Viviana es una persona muy trabajadora se siente feliz y agradecida con la institución por el apoyo brindado.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $29,552,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A portion of Barrio Lindo Floresca Group's $4,675 loan helped a member to buy hair dyes and curlers, and also a variety of creams.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 25, 2012