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Flores De Loreto Group
In this Group: Irma, Hilda, Virginia, Cristina, Miriam, Sol, Venanacia, Maria, Vanesa, Felicidad, Valentina, Maria*, Juana
* not pictured
The "pollera" is the typical skirt of many women (Cholitas) in some regions of the country, this is accompanied by shawls and other characteristic accessories depending on the region. This skirt is the main element of business within the association "F. de Loreto". Most of the women in this group sell used skirts and shawls, while others work at setting up the businesses themselves. And others actually knit the shawls, with the help of some family members.
The "F. de Loreto" group belongs to the central region of Los Andes, located in the area of Villa Tunari in the city of Alto.
These women work with the hope of being able to save money in order to buy their own homes (since many are renting), and in turn, bring more conveniences to their children. With this loan they will hire assistants to help them increase their production, which will increase their sales and reap greater profits with the goal of saving for the welfare of their families.
View original language description ↓
La pollera es la vestimenta típica de las muchas mujeres (Cholitas) en algunas regiones del país, esta va acompañada de mantillas y otros accesorios característicos según la región. Esta pollera es el elemento principal de negocio dentro la asociación “F. de Loreto” ellas se dedican a la venta de polleras y mantillas usadas, otras de ellas se dedican a la confección de centros (falda interior a la pollera) y de las polleras mismas, también realizan tejidos de mantillas, trabajo que lo realizan con la ayuda de sus familias,
La asociación F. de Loreto pertenece al centro focal Los Andes ubicado en la zona de Villa Tunari de la ciudad de el Alto. Trabajan con la ilusión de poder ahorrar para obtener casas propias ya que actualmente viven en alquiler y quieren ofrecer mayor comodidad a sus hijos. Ahora ellas necesitan contratar ayudantes para aumentar su producción, de este modo aumentar las ventas y obtener mayores ganancias con el objetivo de ahorrar para el bienestar de sus familias.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flores De Loreto Group's $4,825 loan helped a member capital so they can hire helpers and increase their production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 14, 2008
Listed
Sep 30, 2008
Currency Exchange Loss:
Covered
Ended:
May 20, 2009