La Ilucion Group
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.
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.
About EmprenderEmprender 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.
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Success!! The loan was 100% repaid