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10 De Febrero Group
In this Group: Maxima, Eleuteria, Julia, Nazaria , Benigna, Ricarda*, Apolinaria, Lidia, Adela , Ximena , Teodora
* not pictured
This group is very prompt in their payments. It was formed by ladies that live in the same neighborhood that have known each other for many years. Their group is called "the 10th of FEBRUARY". They are in their 6th loan cycle with the Bank of Undertaking. The group is organized in the following way: The president is the associate Lidia C. A., who directs the group. She has 5 children. She works selling refreshments and Sundays she sells chicharron (fried pork rind). She uses the loan to buy sugar and other supplies for her sales. Her husband is a bricklayer. The treasurer is the associate Julia B. D. A. who is one of the founders of the group. She is very responsible with the management of money. She has a cottage where she sells all kinds of medicinal herbs (chifleria). The loan is to grow her merchandise. And as the secretary of the group, the associate Maxima M. C. is dedicated to the sale of gifts and cosmetics. She has 6 children, but she only provides support for 3 of the children. She is a single woman.
View original language description ↓
Es un grupo muy cumplido en sus pagos, esta formado por señoras que viven en un mismo Barrio y se conocen D. muchos años. Su grupo se llama "10 D. FEBRERO", donD. el Banco D. Emprendimiento esta en su 6 º ciclo y esta organizado D. la siguiente manera: como presidenta esta la socia Lidia C. A., quien dirige al grupo, ella tiene 5 hijos,trabaja vendiendo refrescos y los domingos venD. chicharron, utiliza el credito para comprar azucar y otros viveres para su venta, el esposo es albañil.
La tesorera es la socia Julia B. D. A. quien es una D. las fundadoras del grupo, es muy responsable con el manejo del dinero, tiene su caseta donD. venD. todo D. chifleria (hierbas medicinales), el credito es para aumentar su mercaderia. Y como secretaria del grupo esta la socia Maxima M. C., ella se dedica a la venta D. regalos y cosmeticos, tiene 6 hijos, pero ella solo mantiene a 3 hijos, es mujer sola.











Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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

  • $5,500
    Average annual income
  • 208
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 10 De Febrero Group's $3,300 loan helped a member to buy supplies for food preparation, medicinal herbs, and gifts and cosmetics for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2009
Listed
Aug 9, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010