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Lealtad De Wilacota Group
In this Group: Angela Mercedes, Alvaro , Eduardo, Maria Amanda, Marieta, Alex, Segundina, Wendy , Anacleta
The Lealtad D. Wilacota Entrepreneurial Village Bank was formed in the Wilacota area to the south of the city of La Paz. They are in their first loan cycle. The group is maD. up of 9 members who live in the area. Many of them are young but hope to start a business to help with their household expenses.

The bank currently has a board of directors which has been elected; the board members stood out for being very responsible.

Angela is the group president and lives in the Ovejuyo area with her two children. She is a single mother who has to work hard to be both father and mother to her children. She sells children's clothing in various parts of the city. She lives with her mother who takes care of the children while Angela works everyday. She will use the loan to buy clothing wholesale to increase her working capital and improve her business. She is a very responsible, hard-working woman who hopes to move forward and someday buy a home and improve the standard of living of her whole family.

All the group members are very responsible and in many cases, support their families on their own. They hope to better the standard of living of their families and they are very grateful to Emprender and Kiva for the support they are receiving through these loans.
View original language description ↓

El Banco D. Emprendimiento LEALTAD D. WILACOTA se formo en la zona D. wilacota al sur D. la cudad D. La Paz, es una asociacion que inicia su primera secuencia D. credito. Esta compuesto por 9 socios integrantes habitantes en la misma zona. Muchos D. los integrantes D. la asociacion son jovenes que desean emprender con un negocio para poder ayudar con los gastos D. su familia.
El banco D. Emprendimiento actualmente cuenta con una mesa directiva la cual a sido elegida D. manera popular y tambien por la responsabilidad D. las persona que lo componen.

La Sra. Angela es la presidenta, vive actualmente en la zona D. ovejuyo con sus dos hijos ella es madre soltera por lo que su trabajo es muy sacrificado ya que tiene que ser Padre y Madre para ellos, la Sra. Angela venD. ropa para niños en distintas zonas D. la ciudad, vive con su madre quien cuida a sus niños mientras ella trabaja, trabaja todos los dias el dinero del prestamo lo utilizara en la compra D. ropa al por mayor y asi incrementar su capital D. trabajo y mejorar su negocio, es una persona responsable y muy trabajadora con ganas D. superacion su deseo es comprar una casita a la larga y asi mejorar su calidad D. vida D. toda su familia.

Todas las socias son personas responsables y en muchos casos sacan a su familia adelante solas, desean mejorar la calidad D. vida D. toda su familia, estan muy agradecidas con Emprender y Kiva por la confianza brindada en la otorgacion dle 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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,011,250
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Lealtad De Wilacota Group's $2,500 loan helped a member increase capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011