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Simon Bolivar Group
In this Group: Veronica , Jose Antonio , Carmen , Wilma , Silvia Esther, Maria Angelica , Domingo Benigno, Ingry
This Banco de Emprendimiento is composed of 8 members, all of whom reside within the vicinity of 14 kilometers in the following neighborhoods, Simon Bolivar, Balcon 1, and Barrio la Floresta. The majority of the members work in the commercial sector, such as a vendor of basic necessities, construction worker, firewoman, cashier, hairdresser, fotocopier, transport, and communications. They work in the area of 14 km, center 1er anillo, of Santa Cruz in the Urubo Condominiums Las Palmas. The President is Ms. Veronica. She is married and has a small store in the neighborhood that sells basic products. She plans to use the money from the loan to purchase more merchandise with which to stock her shop. She is very hardworking and responsible. She was elected president for her solidarity with her colleagues. She is married and has a husband that works in urban transport. Both of them work with the hope of moving ahead and providing a better quality of life for themselves and their family. All of the members are responsible and dedicated and while this bank is new, they have a great desire to be the best bank and achieve the largest amount of credit possible. The members are very grateful for the confidence that has been bestowed upon them.
View original language description ↓
Este Banco de Emprendimiento esta Compuesto por 8 Integrantes, todos viven en la misma zona del km 14 en los siguientes barrios Simon Bolivar, Balcon 1, Barrio la Floresta en la gran mayoria de los integrantes trabajan en el area de comercio como ser venta de productos de primera necesidad, albañil, bombera en pigas, cajera, peluquera y fotocopiadora, transporte, punto viva, trabajan en la zona del km 14 ,centro 1er anillo,santa cruz,urubo condominio las palmas.

La Presidenta es la Sra. Veronica, casada ella tiene una tiendita d ebarrio donde vende productos de primera nenecidad, el dinero del credito lo utilizaran en la compra de productos para surtir su tienda, ella es muy trabajadora, responsable, por su solidaridad con sus compañeras fue elegida presidenta del banco de emprendimiento, esta casada y su esposo se dedica al transporte urbano, los dos trabajan para salir adelante y tener una mejor calidad de vida de toda su familia.

Todas las socias son personas responsables y trabajadoras ya que este banco es nuevo pero tienen el deseo de ser el mejor banco y llegar a obtener el mayor monto que otorga emprender los socios estan muy agradecidos por haber confiado en ellos ,

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Simon Bolivar Group's $2,350 loan helped a member the purchase of merchandise.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 29, 2010
Jul 1, 2010
Currency Exchange Loss:
Dec 15, 2010