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La Ilucion Group
In this Group: Gabina, Maria Elena, Omar Alberto, Arnilda, Vania, Isaias, Limbania, Reina
President Gabina is 48 years old and lives in the community of El Torno, Miraflores barrio. Her business for 19 years had been making and selling ice cream. She is married to Emilio and for 6 years her occupation has been teacher in the zone of Villa San Carlos. The couple has 3 children of school age. With the loan they will buy milk and sugar in bulk for making ice cream.

Secretary Arnilda is 21 years old and lives in El Torno, Bolivia barrio. Her business is selling fish and potatoes in El Torno community. She has been doing this for 2 years. With the loan she will buy potatoes in bulk. She is living with Marco Antonio. Her profession is teacher, for 2 years, in an educational unit. They have 2 children of school age.

Treasurer Vania has a clothing business in El Torno, outsiD. the central market of El Torno. As a 2nd activity, she sells soft drinks in the same stall. She is single and lives in Paraiso barrio. Vania has no children and her loan will be used to buy casual clothes, such as sweat shirts, shorts, etc.

The clients are very grateful to the financing organization for granting confidence in them personally and for having opened the doors when they most needed it.
View original language description ↓
La Presidenta la Sra. Gabina D. 48 años D. edad, vive en la comunidad del Torno barrio Miraflores su negocio es la venta y elaboración D. Helado hace 19 años. Estado civil, casada con el señor Emilio su actividad profesor en la zona D. villa San Carlos hace 6 años, los señores tienen 3 hijos que se encuentran en edad escolar, con el dinero del crédito compraran leche, azúcar por cantidad para la elaboración D. los helados.

Secretaria : Arnilda D. edad 21 años vive en la zona del torno barrio Bolivia, su negocio es la venta D. pescado y Papa en la comunidad D. el Torno esta actividad la realiza desD. hace 2 años, con el dinero del crédito comprara Papa por cantidad. Estado civil: concubina con el señor Marco Antonio su actividad profesor en una unidad educativa hace 2 años, los señores cuentan con 2 hijos que se encuentran en edad escolar.

Tesorera : Vania cuenta con el negocio D. venta D. ropa en la comunidad D. el Torno afuera del mercado central D. el Torno y como segunda actividad venta D. refrescos en el mismo lugar D. venta .Estado civil: soltera y vive en el barrio Paraíso, no tiene hijos y el dinero del crédito lo utilizara en la compra D. ropa delgada como sudaderas, cortos, etc.
Los clientes se sienten muy agradecidos con la entidad financiera por depositarles la confianza a su personas y haberles abierto las puertas cuando ellos mas lo necesitaban.

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
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Ilucion Group's $1,975 loan helped a member bUYING MERCHANDISE FOR THEIR STORES.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 25, 2011