The 6th Cycle of Enterprise Bank was founded on January 25th, 2008. Rafalea is the president of the community bank and lives in the Juana A. neighborhood in her sister-in-law's house. She has a neighborhood store which is her principal source of income. Her husband is a shoemaker. The loan that she is requesting is to increase resources in her little shop and begin selling food. Neydi is the treasurer of the Enterprise Bank and a hardworking person. She lives with her husband and two children in a rented house. Together with her husband Felix she works with the locksmith's shop completing orders and taking their work to the flea markets in the 3000 neighborhood. The loan they are requesting is purchase iron as they currently have many orders to complete. Beatriz is one of the bosses of of the group and it is the third time that she has worked with our organization. She lives in the Juana A. neighborhood with her husband Alfredo and their two children. She sells clothing for a living but does not have a permanent stand (she travels). Her husband is a bricklayer and her goal is to have a permanent stand from which to sell her clothes. The loan she is requesting is for the purchase of more merchandise to supply the sale of clothes because asiD. from selling clothes she also wants to sell footwear.
El Banco D. emprendimiento ingresa a su sexto ciclo, fue fundado el 25 D. Enero del 2008; la Sra. Rafalea es la presidenta del banco comunal, vive en el barrio Juana A., en la casa D. su cuñada, cuenta con una tienda D. barrio la cual es la pricipal fuente D. sus ingresos, su esposo es el Sr. Estanislao se dedica a la actividad D. zapateria. el prestamo actual solcitado es para aumentar su capital D. trabajo en su tiendita e iniciar el negocio D. venta D. comidas. Neydi, es la tesorera del banco D. empredimiento, es una persona muy trabajadora la cual vive con su esposo y sus dos hijos en una casa D. anticretico. ella juntamente con su esposo el Sr. Felix trabajan con el negocio D. cerrajeria. la cual entrega pedidos y tambien lleva sus trabajos a la feria D. la zona del plan 3000. el credito actual solicitado es para la compra D. hierro ya que actualmente cuentan con bastante pedido. Beatriz, es una D. las jefas D. grupo es la tercera vez que trabaja con nuestra institucion, la sra. vive en el barrio Juana A. con su esposo el Sr. Alfredo y sus dos hijos. ella se dedica a la venta D. ropa no tiene puesto fijo es ambulante su esposo se dedica a la actividad D. albañileria, su objetivo es llegar a tener su puesto fijo para poder vender ropa. el credito actual solicitado es para la compra D. mas mercaderia para surtir la venta D. ropas poruque fuera D. ropa tambien quiere vender calzados.
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.