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Corazones De Oro Group
In this Group: Teodora, Dina, Fabiana, Alcira, Candelaria, Bacilia, Marlene, Roxana*, Ayde, Isabel*, Martha, Maria, Marlene, Veronica, Mariela*, Gladys, Julieta, Proñita
* not pictured
View original language description ↓
More than eight years ago, 18 women formed the “Corazones de Oro” Association. They work together with the Pro-Mujer family convinced that they can improve their quality of life. The majority of the women live in the Senkata neighborhood in the city of El Alto. The most common activity among them is the preparation and sale of food in local markets and boarding houses, as is the case with Bacilia who rents a space where she can offer, for the most part, traditional food like chairo paceño (soup made with dried potatoes and lamb), fricase (stew made with pork, white corn and dried potatoes) and pork rinds among other dishes.


The women affirm that an increase in food prices caused an imbalance in their earnings, which is what brings them to ask for additional credit. They will inject capital into their businesses in order to maintain economic stability in their homes.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.






Hace mas de nueve años 18 mujeres conforman la asociación “Corazones de Oro” que trabajan junto a la familia de Pro-Mujer, convencidas de que pueden mejorar su calidad de vida. La mayoría de ellas viven en la zona de Senkata de la ciudad de El Alto, siendo la actividad mas común entre ellas la elaboración y venta de comida en mercados del lugar y también en pensiones, como es el caso de doña Bacilia, que alquila una pensión para ofrecer por lo general comida tradicional como ser: chairo paceño, fricase, chicharon y otros, afirman que el alza de los precios en los alimentos causo desequilibrio en sus ganancias lo que les lleva a solicitar créditos mayores para inyectar capital a sus negocios, con el unico fin de mantener estabilidad económica en 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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,670,850
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazones De Oro Group's $3,775 loan helped a member injection of capital into the group's food businesses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 2, 2008
Listed
Aug 13, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009