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Santa Rita Group
In this Group: Viqui, Magaly Emiliana, Olga Francia, Lucia, Antonia , Adriana Maria, Sandra Soledad, Susana, Lizeth, Rosaura, Pamela Priscila
The enterprise bank Santa Rita is characterized by being maD. up of senior members. Currently the majority of the women make a living by selling products such as cell phones, beauty products, or aluminum pots; attending to a neighborhood store; or making blankets, macramé, or hand-woven items. Viqui is the most senior member and is the president of the group. She works by weaving and making macramé. She will use this loan to buy wool wholesale and ribbon and to diversify her products so she doesn't only weave items for children, but also for women and men. With this increase in products, she will be able to increase her income and quality of life. Adriana is participating in her second loan. She is the secretary of the group and works for a cleaning company. Since her wages don't let her cover all of the costs of supporting her family, she decided to start another business by weaving macramé. With this loan, she will be able to buy materials to make her blankets for which she takes orders and will improve her and her family's income. Lucila is the treasurer of the group and has four people in her family. She has a neighborhood store. With this loan, she will buy items wholesale and diversify the products in her business. With her income, she plans to save money to buy some land.
View original language description ↓
El Banco D. Emprendimiento SANTA RITA se caracteriza por ser un banco formado por socias antiguas, actualmente la mayoria D. las señoras se dedica a la venta D. productos como: celulares, productos D. belleza, ollas D. aluminio,atención en su tienda D. barrio y otras a la elaboración D. mantas, macrame y tejidos.VIQUI, Esta socia es una D. las más antiguas ocupa el cargo D. presidenta, la Sra. trabaja con tejidos y macrame, con el prestamo podra comprar por mayor lana ,cintas, y D. esta manera a conseguido diversificar sus productos y no solo realizar tejidos para niños, sino tambien recibir pedidos para damas y varones, con este aumento D. productos a incrementado sus ingresos y mejorar su calidad D. vida. ADRIANA, esta participando en su segundo ciclo, tiene a su cargo la secretaria, ella trabaja en una empresa D. limpieza, pero como su sueldo no le alcanza para mantener a su familia, es que ella deciD. emprender otro negocio con tejido en macrame, con el prestamo otorgado podra comprar material para elaborar mantas a pedido ,mejorando así sus ingresos D. ella y su familia. LUCILA, ocupa el cargo D. tesorera, tiene una familia D. 4 miembros, ella tiene una tienda D. barrio, con el prestamo podra comprar por mayor y diversificar los productos D. su negocio, con los ingresos piensa ahorrar para comprar un terreno.













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
  • 186
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rita Group's $2,225 loan helped a member to increase her amount of merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010