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Emprendedoras De German Busch Group
In this Group: Elida Wilma, Josefina, Francisca, Elena, Santiago, Veronica*, Beatriz Raquel, Silvia Dominga, Bertha
* not pictured
Josefina H., 53, is married and the mother of four children. She indicates that this is the first time she has requested a loan thanks to a close friend of hers who invited her to do so. Seven months ago she started to sell prepared meals and she needs to buy a carafe and consumables for her business. She also has acquired a stall in the 16th of July marketplace. The group that Josefina belongs to is called Emprendedoras de German Busch (German Busch Enterprisers) and all its members need financing to buy ingredients, raw materials and merchandise, according to the type of work they do. Some may be seamstresses, others may make shoes, some sell gifts, vegetables, detergents, sitll others tend to stores. Led by their group president, recording secretary and treasurer, they are developing their group's bylaws.
View original language description ↓

Josefina H. de 53 años, casada y madre de cuatro hijos indica que es la primera vez que solicita préstamo ya que una amiga cercana a ella le ha invitado, porque hace 7meses ha emprendido el negocio de venta de comida y necesita comprarse una garrafa e insumos para su negocio, ella también ha conseguido un puesto en la feria 16 de Julio. El grupo al cual pertenece Josefina se llama Emprendedoras de German Busch y todas sus integrantes necesitan el préstamo para comprar insumos, materia prima y mercadería, según el negocio que tengan, así algunas se dedican a la costura, otras a la producción de zapatos, otras a la comercialización de regalos, verduras, detergentes y atención de tienda.
Liderizadas por su presidenta, tesorera y secretaria de actas, elaboran el reglamento interno 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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $28,120,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedoras De German Busch Group's $2,150 loan helped a member to buy ingredients, raw materials, and merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010