Check out some available loans that are similar to this one!
Wiphala Group
In this Group: Maria Concepcion, Abraham, Jose Luis, Rosario , Soraya, Ana Rosa , Maria, Eloiza
The Whipala Village Bank is in its first cycle and is maD. up of 8 members, 6 women and 2 men. All the members live in the Villa San Antonio area which is close to the Emprender office. They sell various products like American clothing, cosmetics, clothing, as well as others who work in sewing or as drivers. This is their first cycle and they have high expectations in working with our institution.

Maria is one of the group representative and stood out as a very responsible and active person during the training period. She is now group president. She has lived in Villa San Antonion in a small rented home with 3 rooms and a small kitchen for the past 8 years. She lives with her husband Franz and their 3 children. She is an artisan who makes tablecloths out of soft fabrics and macrame; she also does interior decorating. She will use the loan to increase her capital and better equip her workshop to expand her business. One of her goals is to help her children to progress and she always makes sure that they have everything they need; she hopes in the future they can achieve their dreams like she has achieved hers.

Abraham is also a new group member who stood out for being very responsible which is how he became group treasurer. He has worked as a taxi driver for the past 20 years; he lives in his parents' home in Villa San Antonio with his wife Marcela and their 3 school-aged children. He will use the money to buy a replacement part that his car needs. His goal is to buy his own home which is why he and his wife work very hard; she sells cosmetics and jewelry through a catalogue to help cover their household expenses.

Maria worked with our institution 6 years ago but had to leave for various travels; now she is the group secretary. She sells cosmetics through catalogues, sells other products as requested by her customers, and works as a school secretary in the mornings. She will use the money to increase her capital and buy more products to sell in various places. She is married and lives with her husband with whom she has 4 children who are all adults. Her goal is to progress, have her own home, and continue investing in her business to grow it.

All the group members are very responsible and hard-working and are grateful to Emprender and Kiva for the support they are receiving through these loans.
View original language description ↓
El Banco comunal WHIPALA en su Secuencia 1, está formado por 8 clientes, esta compuesto por 6 mujeres y 2 varones, todas las socias pertenecen a la zona D. Villa San Antonio, zona que esta ubicado por los alrededores D. la oficina D. Emprender, las socias se dedican a la venta D. diversos productos como ser, D. ropa americana, cosméticos, venta D. comida y costura y también trabajan como chofer. Esta es su primera secuencia en la que tiene bastantes expectativas para trabajar con la institución.

La Sra. María Es una D. las representantes del banco se ha destacado como una persona responsable y muy activa en el proceso D. capacitación para obtener el crédito, actualmente toma el cargo D. la presidenta del banco la señora vive en Villa San Antonio en 3 habitaciones y una pequeña cocina vive en ese domicilio desD. hace ocho años atrás en alquiler, ella comparte el hogar con su esposo Franz y sus 3 hijos.
La señora es artesana confecciona manteles , realiza trabajos en soft, trabajos en macramé y es decoradora D. interiores, el crédito que solicita es para aumentar el capital y además para equipar mejor su taller y así lograr ampliar su mercado, Una meta en su vida es lograr sacar adelante a sus hijos, velar porque nunca les falte nada y en el futuro puedan sus lograr sus sueños a si como ella los ha logrado.

El Sr. Abraham Es un integrante nuevo del banco también se ha destacado por ser muy responsable por lo que ocupa el cargo D. tesorero, el señor Abraham trabaja con radio taxi que es D. su propiedad hace 20 años atrás, el vive en la casa D. sus padres queda ubicado en Villa San Antonio vive con su esposa Marcela y sus 3 hijos que están actualmente estudiando, el crédito que esta solicitando es para comprar un repuesto que le falta a la movilidad. La meta que quiere alcanzar don Abraham es comprar su propia casa es por lo que esta luchando junto a su esposa, la señora trabaja vendiendo cosméticos y joyas por catalogo D. esa forma el también contribuye a los gastos del hogar.

La Sra. María Socia que retorna a trabajar con la institución ya que perteneció hace 6 años atrás por motivo D. viajes permanentes ahora es elegida como secretaria D. actas por su Banca comunal.
La señora trabaja con la venta D. cosméticos mediante catálogos, venta D. productos a pedido, además trabajaron como secretaria D. un colegio en el turno D. la mañana.
El préstamo esta destinado para incrementar su capital en la compra D. los productos y posterior venta en diversos lugares. La señora María es casada vive con el esposo, tienen cuatro hijos los cuales ya son independientes. Su meta progresar, tener su propia casa y en adelante tener invertido un capital mas granD. para su negocio.

Todas las socias son personas responsables y trabajadoras que estan muy agradecidas 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

  • $2,817
    Average annual income
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Wiphala Group's $2,050 loan helped a member increase working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010