Check out other loans that are currently fundraising!
Guembe Group
In this Group: Oscar, Mary Mariela, Julia, Elizabeth, Lizandro, Maria Tania, Mamerta, Gleidy Denise, Revodia, Maria Eugenia
The GUEMBE enterprising bank is in its first cycle. All the members have known each other for many years. Revodia is the group's president and sells prepared food from her home; her husband is a salaried driver but also helps his wife tend to her guests. The financing is to invest in her meal selling business; her wish is to enlarge her restaurant. Elizabeth is the bank's treasurer. She is a single mother of two beautiful, school-age, children. She is a traveling salesperson of jewelry and clothing. The funds requested were invested in the purchase of merchandise since her orders over the holiday season will increase. Glady, the group secretary, is married and has four children. Her husband is a bricklayer contractor who goes from town to town. She sells cosmetics and wants to increase her business and buy a sales stall. She is grateful for the help the institution has given her.
View original language description ↓
El Banco D. Emprendimiento GUEMBE esta en su 1er. ciclo, todas las socias se conocen desD. hace años. Sra. Revodia es la presidenta del grupo ella se dedica a la venta D. comida, actividad que la realiza en su propio domicilio; su esposo es chofer asalariado, pero tambien le colabora a la esposa atendiendoesta la pension.El crédito solicitado es para invertir en su negocio D. la venta D. comida su deseo D. la señora es ampliar su restaurante.
Sra. Elizabeth, es la tesorera del banco D. emprendimiento, es madre soltera con dos bellos niños, que aun estan en edad escolar; se dedica a la venta D. joyas y ropa trabaja como ambulante, el crédito solicitado lo invirtió comprando mercadería que por las fiestas D. fin D. año sus pedidos se incrementaran.
Sra.- Glady, es la secretaria del banco D. emprendimiento, es casada con cuatro hijos, el esposo es albañil contratista, que se desplaza D. pueblo en pueblo; ella se dedica a la venta D. cosméticos la señora desea crecer en su negocio y comprar un puesto.La cliente esta agradecida por al apoyo brindado por la institución.

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 Guembe Group's $2,150 loan helped a member working capital increase.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2009
Listed
Nov 15, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010