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Amistad Por Siempre Group
In this Group: Rosa , Maria, Karina, Aracelly, Jhovanna, Juana, Prima , Daniel Raul
The "AMISTAD POR SIEMPRE“ (Friendship Forever) communal bank is in its 6th cycle. They showed themselves to be responsible, punctual and hard working.

The group is represented by the following:

Rosa, President, is the leader and founder of the group. She sells sandals in the market on Wednesdays and Saturdays. She’s married and has two married children. She will use the loan money to buy sandals in order to increase her working capital.

Karina, Secretary, is single and doesn’t have children. She sells breakfasts in the market in the morning. She will use the funds to buy a stove.

Juana, Treasurer, is a widow with two independent children. She has a stall where she sells food every day. She’s a very responsible, well liked member of the group. She will use the funds to buy groceries at wholesale.

All the members are responsible and hard working. They are very grateful to the institution for the support given.
View original language description ↓
El banco D. Emprendimiento "AMISTAD POR SIEMPRE " es un grupo que se encuentra en su 6º ciclo , el cual demostraron ser personas responsables, puntuales y trabajadoras, este grupo esta representada por las siguientes socias: como Presidenta esta la Sra. Rosa quien es la líder y fundadora del grupo, tiene el negocio D. venta D. sandalias en el Mercado los días Miércoles y Sábados, es casada y tiene 2 hijos los cuales ya están casados, con el dinero del crédito comprara mercadería en sandalias y así poder incrementar su capital D. trabajo. Como Secretaria esta la Srta. Karina quien es soltera y no tiene hijos y su negocio es la venta D. desayunos en el mercado solo por las mañanas, el dinero del crédito lo utilizaran en la compra D. una cocina, y la Tesorera es la Sra. Juana quien es viuda y tiene 2 hijos pero independientes, tiene su negocio un local donD. venD. comida todos los días y es una persona muy responsable y querida por su grupo, el dinero del crédito lo utilizar en la compra D. abarrotes al por mayor.
Todas las socias son personas responsables y trabajadoras, están muy agradecidas con la institución por el apoyo brindado.

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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,784,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Por Siempre Group's $3,100 loan helped a member to buy sandals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011