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20 De Abril Group
In this Group: Rosminda, Claudia, Mariela Evelyn, Natalia, Rita, Ceferina, Edwin Ramiro, Juan , Saturnina
The entrepreneurial group "20 D. Abril" was founded in the Caliri area, where most residents work washing sand because of their location next to Lake Irpavi. They are responsible and have agreed to guarantee each other because they have known each other for a long time. The group counts on a board of officers elected by the group:

Mrs. Rosminda is the president, she is married and has school age children. She washes sand in the river and sells it to those who need construction material. With the loan money, she will buy tools to facilitate the sand washing.

Mrs. Saturnina is the treasurer. She is married and sells recyclable materials, collecting plastic bottles and paper for later sale to different factories. With the loan money, she wants to buy a four-burner stove that she needs in her home for daily use.

And finally, Ms. Rita is the secretary. She studies and sells catalog cosmetics. The loan money will be used to buy the latest beauty products in order to sell them above the original price and so make a larger profit.

Altogether, there are 9 members and each one performs a different activity. Juan and Edwin, for example, wash sand in the Irpavi River, Ceferina, Natalia, and Claudia sell clothes in various markets in the city, and finally Ms. Mariela works as a cashier at an ice cream shop. The requested loan will be invested in work materials to generate more income for all of their families.

The members are thankful to Emprender and Kiva for their support and for granting the loan.
View original language description ↓

El Banco D. emprendimiento 20 D. ABRIL fue fundada en la zona D. caliri, sus pobladores en su mayoria se dedican al lavado D. arena por estar ubicados al lado del Rio Irpavi. Son personas responsabes que aceptaron garantizarse entre si porque se conocen D. hace mucho tiempo. la asociacion cuenta con una mesa directiva elegida en asamblea D. la cual forman parte:

La Sra. Rosminda es la presidenta, esta casada y tiene hijos que se encuentran en edad escolar que se dedica al lavado D. arena en el rio y despues venD. a las personas que necesitan material D. construccion, con el dinero del credito comprara herramientas D. trabajo para facilitar el lavado D. arena.

La Sra. Saturnina es la tesorera esta casada y se dedica a la venta D. material reciclable recoge botellas D. plastico y papel para despues venderlo a distintas fabricas, con el dinero del credito ella quiere comprar una cocina D. 4 hornallas que le hace falta en su casa para su uso diario.

y la Srta. Rita es la Secretaria, esta estudiando y tiene otra actividad D. la venta D. cosmeticos por catalogo y el dinero del credito lo utilizara en la compra D. producos D. belleza que se encuentran en promosion para poder venderlos despues al precio original y asi tener un poco mas D. ganancia.

En su totalidad son 9 integrantes y cada una realiza una actividad distinta como los Sres Juan y Edwin se dedica al lavado D. arena en el mismo Rio Irpavi, la Sras Ceferina, Natalia y Claudia venden ropa en las distintas ferias D. la ciudad. y por ultimo esta la Srta Mariela que trabaja como cajera en una tienda D. helados. el prestamo solicitado ellos lo invertiran en la compra D. material D. trabajo y asi generar mayores ingresos para todas sus familias.

Todas las socias estan Agradecidos con Emprender y Kiva por la confianza brindada en la otorgacion del credito.

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
  • 156
    View loans »
    Bolivia Loans Fundraising
  • $32,187,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 20 De Abril Group's $1,775 loan helped a member buy tools to wash sand for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 29, 2010
Mar 1, 2010
Currency Exchange Loss:
Jul 15, 2010