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Jacaranda Group
In this Group: Rocio, Maria, Nathan, Vivian Maribel, Reinaldo Ricardo, Jose Luis, Juan Pablo , Ignacia, Benedicta, Wendy Luz, Rosario Juana
The Jacaranda comunal bank is composed of a board of directors: The president is Rocio, who is involved in sales in a neighborhood store. She lives in a house together with her husband and son in the Santa Ana zone. The two share the household expenses.

The secretary is Wendy, who has worked in handicrafts and seasonal sales for 6 years. She sells her products in different local markets and this contributes to the household expenses. She lives in her in-laws’ house in the central zone, together with her husband and two children.

The treasurer is Jose Luis, who works in cell phone sales and also in transport. He has been involved in these for 18 years. He lives in an anticrético (a special rental arrangement available in Bolivia) in the Colquiri Norte zone, together with his wife and four children.

The group is dymanic and its members support each other, as they are well organized.

View original language description ↓
El Banco D. emprendimiento D. JACARANDA se compone por una mesa directiva: La Presidenta es la Señora Rosio que se dedica a la venta en tienda D. barrio,que vive en casa familiar junto a su esposo y su hijo en la zona D. santa ana los dos comparten los gastos del hogar.

La Secretaria es la Señora Wendy que se dedica a la artesania y venta D. temporada durante 6 años ella venD. en ferias que se realizan en distintos lugares con esta actividad colabora con los gastos D. la casa, vive en casa D. sus suegros en la zona central junto a su esposo y sus 2 hijos.

El Tesorero es el Señor Jose Luis el se dedica a la venta D. celulares y es tambien transportista se dedica a esta actividad durante 18 años vive en casa D. anticretico junto a su esposa y sus 4 hijos en la zona D. colquiri norte. El grupo es dinamico y sus integrantes se apoyan ya que se encuentra bien organizado

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
  • 138
    View loans »
    Bolivia Loans Fundraising
  • $32,164,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Jacaranda Group's $3,875 loan helped a member to increase working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 19, 2009
Jan 1, 2010
Currency Exchange Loss:
Jun 15, 2010