Las Emprendedoras Group


Status: Paying Back

$1,725.00   Loan Amount
57% repaid

About the Group

Group Name: Las Emprendedoras Group
Group Members: Maria Carmen Castillo Santos
Vicente Colque Mamani
Cinda Gonzales Bascope
Melina Mariel Bravo Toro
Olga Eliana Mendoza Vargas
Fabiana Cristina Flores
Silverio Eugenio Castillo Santos (not pictured)
Miriam Cuenca Saracho
Mery Margot Arteaga Cuenca
Cristina Gutierrez de Estrella (not pictured)
Location: La Paz, Bolivia
Activity: Bakery

About the Loan

Loan Amount: $1,725.00
Loan Use: Purchase merchandise and spare parts
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 9, 2009
Date Disbursed: Jul 25, 2009
Date Funded:Aug 20, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD



The Las Emprendedoras group has been working in our microfinance institute since 2008. The majority of its members have been with us since the beginning. This is a very active and unified group that provides goods and services.


MARIA CARMEN CASTILLO, the group president, sells bread in La Ceja de El Alto. With these loans, she has been able to help out her husband, who works as a wage-earning driver. In time, they plan to save enough money to be able to purchase their own vehicle so that the can improve their quality of life.


VICENTE COLQUE, the group secretary, is one of the group’s founders. He owns a sound equipment rental business. With these loans, he has been able to launch yet another business—a corner market—which helps him to support all 6 members of his family. With both of his businesses, he can increase his earnings and have financial stability.


CINDA GONZALES BASCOPE sells provisions in the Villa Victoria zone. With these loans, she has managed to amass some working capital, which she uses for weekend food sales. She is also one of the founding group members. She has a sizable family, and she hopes to save more money for her grandchildren’s education.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


El Banco LAS EMPRENDEDORAS, trabaja en nuestra Institución desde el 2008, la mayoria de las participantes a trabajado desde sus inicios, el banco se caracteriza por trabajar en el comercio y servicios.Es un grupo solidario y participativo.
MARIA CARMEN CASTILLO, es la presidenta, se dedica a la venta de pan en la Ceja de El Alto, con el prestamo a logrado apoyar la actividad de su esposo, quien es conductor asalariado, con el tiempo tienen planes de ahorrar y poder comprarse una movilidad propia y así poder mejorar su calidad de vida. VICENTE COLQUE,ocupa el cargo de secretario, es uno de los fundadores del banco, tiene un negocio de amplificación y con el prestamo a podido implementar un negocio más, una tienda de barrio que le permite mantener a su familia que esta compuesta por 6 miembros, con estas dos actividades a logrado mejorar sus ingresos y tener estabilidad económica.
CINDA GONZALES BASCOPE,se dedica al comercio de viveres en la zona de Villa Victoria, con el prestamo a logrado tener un pequeño capital, el que es utilizado para la venta de comida los fines de semana, ella tambien es una de las fundadoras del Banco, tiene una familia numerosa y piensa ahorrar más para los estudios de sus nietos.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

Emily's Family
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Edel and Tom
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jon
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rochette
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Whitney
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Laurent D
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Tiffaney
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Jon
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Poptop
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Simon
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Rolf T.
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Chris
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Christian
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NumbNut
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Anonymous
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Dynamic Tech Partners
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Vidar
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Andreas Dittes
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David
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Trogdor Family
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Gordon
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cej
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AkaWesley
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Fran
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Shelli
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Edward
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Ron and Marlene
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Octavio
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Reid Hoffman
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Barb and Todd
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Dan & Diansa
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Patrick & Julie
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Jessica
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Snak
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Anonymous
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William
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John F.
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Ralph
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Sean
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Vicky
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Tomas & Felicia
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Brandon
Spokane, WA
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Jeffrey
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fanny couturier
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Patrick
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Mark Wright
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Journal entries for Las Emprendedoras Group


Loan has been disbursed
 
Entrepreneur: Las Emprendedoras Group
Location: La Paz, Bolivia

Thank you for your loan. It has been disbursed to Las Emprendedoras Group, consisting of Maria Carmen Castillo Santos, Vicente Colque Mamani, Cinda Gonzales Bascope, Melina Mariel Bravo Toro, Olga Eliana Mendoza Vargas, Fabiana Cristina Flores, Silverio Eugenio Castillo Santos, Miriam Cuenca Saracho, Mery Margot Arteaga Cuenca, Cristina Gutierrez de Estrella by Emprender in Bolivia. We are excited to watch this business grow. Over the 4 months of this loan, Emprender will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz, Bolivia
Aug 21, 2009
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Kiva Help Repayment Schedule for Las Emprendedoras Group

  Expected Repayments Actual Repayments Comments
October 2009 $156.36 $133.90 Repayment Received
November 2009 $322.94 $331.05 Repayment Received
December 2009 $511.09 $520.12  
January 2010 $359.44 Available Jan 1  
February 2010 $375.17 Available Feb 1