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Barrio Lindo Group
In this Group: Julia, Erika, Carmen Ruth, Amada, Josefa, Marcelina, Marcela, Ruth, Facundina, Pedro, Mirtha, Diky, Wilmar, Pablo, Reinaldo, Elizabeth, Rut Famny, Julia, Rodrigo, Josefa, Magali

The Group "Barrio Lindo" is maD. up of 16 women and 5 men. The members work in various activities including public transportation, sales of products such as clothing, perfume, bread, sugar cane, meat, as well as construction of houses. This loan will be used to buy supplies, merchandise, materials, and work tools to grow their respective businesses and help improve the quality of life for their families. The majority of the members have experience in work groups and in managing grants. They are responsible and able to comply with their obligations, which is why the foundation, Agrocapital, is supporting them in their efforts to increase their income. There is a family relationship between Mirtha and Pedro, as well as with Diki and Wilmar who are brothers. However, each member has financial independence.

View original language description ↓
El grupo " Barrio Lindo" esta representado por la señora Julia y esta conformado por 16 mujeres y 5 hombres. En general los socios (as) se dedican a actividades como el transporte publico D. pasajeros y a la venta D. productos como ropa, perfumes, pan, caña, carne y a la elaboración D. pan y a la construcción D. viviendas. Ante cualquier adversidad saben como salir adelante mediante el esfuerzo y seriedad que les caracteriza es por eso que no tienen miedo a la competencia. El crédito que les otorgó agrocapital es para compra D. insumos, mercadería, materiales e instrumentos D. trabajo para poder mejorar en sus negocios e incrementar sus ingresos para darle a su familia una mejor calidad D. vida. Una mayoría D. los socios (as) cuentan con experiencia en grupos solidaR. así como en el manejo D. fondos otorgados y la responsabilidad que se necesita para poder cumplir con sus obligaciones es por este motivo que la fundación agrocapital les brinda una ayuda para mejorar sus ingresos. existe un parentesco familiar entre la señora Mirtha y Pedro, Tambien Diki y Wilmar los cuales son hermanos pero todos tienen independencia económica por lo que no existe riego dentro del grupo.

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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,117,250
    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 $4,825 loan helped a member to help fund the various businesses in this group, including public transportation, clothing sales and construction.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009