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Heridas De Amores Group
In this Group: Balbina , Maria Magdalena, Guilma, Luisa , Margarita, Pascualita, Fabiola, Cecilia Isabel , Maria Cristina, Marcelo
The community bank Heridas de Amores is in its second cycle. They are responsible people who have always made their payments on time. The bank's members are mainly single mothers and that is why they called the group "Heridas de Amores" (Hurt by Love), since they all went through bad times emotionally. The women's activities range from selling cosmetics and food, to selling flowers. They have the meetings at the president's house, at Balbina's, Mondays at 2:00 p.m. Balbina sells comforters and sheets and during the winter season she sells clothing on credit and collects weekly or bi-weekly. During the cold weather, she has a lot of orders. She is a very hardworking person and she always has a new product according to the season. She will use the money from the loan to purchase merchandise.

Luisa is new to the group. She sells flowers that she brings from the town of El Torno and delivers them to cemeteries in town. She has two older children, but she is raising two grandchildren because their parents work in the fields and she takes care of them every day. She will buy flowers in large quantities with the money from the loan since she has a lot of orders.

Fabiola is a founding member who sells food from her house. Every evening she sells the food that she prepares in her home, as well as sodas and tradition drinks that she makes. All of the members are good role models who help with the economies of their homes. All of them are planning on investing the loan in purchasing merchandise for their businesses. They are very grateful to Emprender and Kiva for the trust they have put in them with this loan.
View original language description ↓

EL BANCO DE EMPRENDIMIENTO HERIDAS DE AMORES SE ENCUENTRA EN SU SEGUNDO CICLO, SON PERSONAS RESPONSABLES QUE PAGARON SUS CUOTAS SIEMPRE A TIEMPO, LAS SOCIAS DEL BANCO EN SU MAYORIA SON MADRES SOLTERAS POR ESO EL NOMBRE DE HERIDAS DE AMORES YA QUE PASARON MOMENTOS DIFICILES SENTIMENTALMENTE, LAS ACTIVIDADES DE LAS SEÑORAS ESTAN ENTRE LA VENTA DE COSMETICOS, VENTA DE COMIDA, VENTA DE F.. LAS REUNIONES SE LLEVAN A CABO EN LA CASA DE LA PRESIDENTA. LA SRA BALBINA , LOS DÍAS LUNES A LAS 14:00, LA SRA BALBINA SE DEDICA A LA VENTA DE EDREDONES Y SABANAS Y EN ESTA TEMPORADA DE INVIERNO DEJA ROPA A CREDITO PARA DESPUES IR COBRANDO SEMANALMENTE O QUINCENAL YA QUE POR FRIO QUE ESTA HACIENDO TIENE YA MUCHOS PEDIDOS, ES UNA PERSONA MUY TRABAJADORA SIEMPRE ESTA CON ALGUN PRODUCTO NOVEDOSO SEGUN A LA TEMPORADA, EL DINERO DEL CREDITO LO UTILIZARA PARA LA COMPRA DE MERCADERIA.

LA SRA LUISA ES NUEVA EN EL GRUPO ELLA SE DEDICA A LA VENTA DE F. QUE TRAE DESDE EL MUNICIPIO DE EL TORNO Y LAS ENTEGA A LOS CEMENTERIOS DE LA VILLA, ELLA TIENE DOS HIJOS MAYORES PERO A SU CARGO SE ENCUENTRAN DOS NIETOS PORQUE SUS PADRES TRABAJAN EN EL CAMPO Y ELLA SE ENCARGA DE CUIDARLOS TODOS DIAS, CON EL DINERO DEL CREDITO COMPRARA F. POR CANTIDAD YA QUE TIENE MUCHOS PEDIDOS.

LA SEÑORA FABIOLA ES UNA SOCIA FUNDADORA QUE SE DEDICA A LA VENTA DE COMIDA EN SU CASA, TODOS LOS DIAS EN LA NOCHE ELLA SACA A VENDER LA COMIDA QUE PREPARA ADEMAS DE LAS GASEOSAS Y RERESCOS TRADICIONALES QUE PREPARA. TODAS ELLAS SON SOCIAS EJEMPLARES QUE AYUDAN A LA ECONOMIA DE SU HOGAR. TODAS PIENSAN INVERTIR EL CREDITO EN LA COMPRA DE MERCADERIA PARA AGRANDAR SUS NEGOCIOS, ESTAN MUY AGRADECIDAS CON EMPRENDR 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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Heridas De Amores Group's $3,550 loan helped a member to purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010