Querer Es Poder Group
Maria is one of the oldest members of the bank. She is the group's president and her business is selling 'pasankallas' (corn puffs) and toasted noodles with rice which she makes by hand. She sells her products in Copacabana market and she will use her loan to buy her merchandise in bulk. Maria has two children and is separated. She does not live with her husband.
Consuelo is the group's secretary. She makes sausages such as chorizo, 'sil pancho' and 'milanesa D. carne' (both breaded meat dishes popular in Bolivia). She will use her loan to buy more ingredients for making her products in large quantities. She has three children.
All the members of the group are responsible and hard-working people who have managed to get their families ahead in life. They are grateful to the institution for the support they have provided.
La Sra. MARIA es una D. las socias mas antiguas, ocupa el cargo D. presidenta la Sra. se dedica a la venta D. pasankallas, Tostado D. fideo arroz que elaboran artesanalmente, venD. en la feria D. Copacabana y con el préstamo comprara en cantidad su mercadería y tiene dos hijos y es separada no vive con su esposo, y la Sra. CONSUELO ocupa el cargo D. secretaria se dedica a la elaboración D. embutidos como ser chorizo, sil pancho, milanesa D. carne con el préstamo otorgado comprara mas insumos para la elaboración en cantidad y la Sra. tiene tres hijos.
Todas las socias son personas responsables y trabajadoras que lograron sacar a su familia adelante y están agradecidos con la institución por el apoyo brindado.
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