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Buena Vecindad Group
In this Group: Rosamary, Alex Gabriel, Roxana , Pedro, Nancy Gregoria, Virginia , Liceht Carmen, Patricia, Elvira , Maribel
The communal bank "Buena Vecinidad" has been working with our Institution since the year 2007. Its principal feature is that the majority of its members are older, and they sell CDs, binders, sweatshirts, and skirts and they also make jackets and blankets.

Rosamary is one of the founding members; she holds the title of president and her business is a store. She will use the loan to increase her working capital and will buy more products that are basic necessities. With the earnings from her store she plans to save for the education of her 2 adult children who are studying at the university.

Maribel is a young member who holds the title of secretary. She is a nurse's aiD., and also has a bookbinding business that she carries out in her home. With the loan she will buy a drill for binders that will help to speed up her work and increase her orders, in this way increasing her income from this source.

Alex is the treasurer of the bank. He sells CDs in the city of El Alto. With the loan he will be able to travel to the locality of Desaguadero, on the frontier shared with Peru, to buy VCDs, CDs for MP3 and Mp4 at wholesale. In this way he can manage to diversify his products, and with this income he is saving to buy a kiosk in the center of the city.
View original language description ↓
El Banco D. Emprendimiento BUENA VECINDAD viene trabajando en nuestra Institución desD. el año 2007, tiene como principal caracteristica que la mayoria D. las socias son antiguas, se dedican a la venta D. CDs, carpetas, buzos, polleras, confección D. chamarras y mantas.

La Sra. ROSAMARY, es una D. las socias fundadoras, ocupa el cargo D. presidenta y tiene como negocio una tienda, con el prestamo a incrementado su capital D. trabajo y comprara más productos D. primera necesidad, con los ingresos D. su negocio tiene pensado ahorrar para la educación D. sus 2 hijos mayores que se encuentran en la universidad.

La Srita MARIBEL, es una joven participante ocupa el cargo D. secretaria, es auxiliar D. enfermeria y tambien trabaja realizando encuadernaciones en su domicilio, con el prestamo a logrado comprarse una perforadora para carpetas, lo que a permitido agilizar su trabajo y aumentar sus pedidos, mejorando D. esta forma sus ingresos.

El Sr. ALEX, es el tesorero del banco, se dedica a la venta D. CDs en la cuidad D. El Alto, con el prestamo a podido viajar hasta la localidad D. Desaguadero fontera con el Peru y compar por mayor VCDs, CDs para Mp3 y Mp4, logrando D. esta forma diversificar sus productos, con estos ingresos tiene pensado ahorrar para comprarse un kiosko por el centro D. la ciudad.













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

  • $2,817
    Average annual income
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $30,320,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Vecindad Group's $2,225 loan helped a member to increase working capital:.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010