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Rayito De Luz Group
In this Group: Eva, Teresa, Elsa*, Cecilia, Estela, Blanca, Patricia, Isabel, Jesus, Sonia, Mery*, Laura
* not pictured
View original language description ↓
The “Beam of Light” group of borrowers are members of the Villa Exaltacion focal center and live in the city of El Alto. This is a very joyful, friendly and unified group; perhaps part of their solidarity is due to the fact that one of the members, Mrs. Blanquita, suffers from a blood disease and the other group members work hard to proviD. her economic and moral support.



The Beam of Light group generally works in making and selling food, some in restaurants and some by special order, offering exquisite traditional meals, such as: fricassee, fried pork, grilled meats and others. They need additional capital in order to supply themselves with better products to expand their production and rent larger, more comfortable spaces which will help them earn more money for each of their homes.



Translated from Spanish by Scott Crandall, Kiva Volunteer.



En la ciudad D. El Alto se encuentra ubicado el centro focal D. villa Exaltación, a éste pertenece la asociación Rayito D. Luz, grupo muy alegre, simpático y unido sobre todo, quizá dicha unión se deba a que una D. las socias doña Blanquita padece una enfermedad hemática por lo que sus compañeras mostraron mucha solidaridad ayudándola moral y económicamente.
La asociación Rayito D. luz por lo general se dedica a elaboración y venta D. comida en algunos casos en restaurantes y otros a pedidos, ofreciendo exquisitos platillos por lo general tradicionales, como ser: Fricase, chairo, chicharrón, platos a la parrilla y otros. Afirman que necesitan mayor capital para abastecerse D. mayores productos con el fin D. ampliar su producción y para el alquiler D. ambientes apropiados y cómodos, D. esta manera podrán generar mayores ingresos que apoyen a la economía D. sus hogares

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 7.3
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rayito De Luz Group's $4,650 loan helped a member need additional capital to expand production and rent more adequate space.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 14, 2008
Listed
May 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2009