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Asociacion Emprendedoras Group
In this Group: Olmedys Majeya, Isabel , Victor Gabriel , Amalia Bertha, Virginia , Yovana, Felix, Juan Carlos
The ASOCIACION EMPRENDEDORAS community bank are in their second loan cycle. The bank has 8 members: 5 women and 3 men. The ladies are saleswomen. They sell clothes and other products.

Olmedys is the bank's president. She has one daughter and her business is selling clothes and cosmetics in different markets or to order. She will use her loan to buy more merchandise: women's clothes and beauty products, so that she can increase her working capital.

Yovana is the bank's secretary. She sells electrical appliances on credit and has two children. She will use her loan to buy more merchandise for her business, thereby improving her income and increasing her working capital.

All of the members of this group are responsible and hard-working people who are grateful to the institution for the support they have been offered.
View original language description ↓
El Banco de Emprendimiento ASOCIACION EMPRENDEDORAS es un banco que ya está en su segundo ciclo y el Banco está conformado por 8 Integrantes 5 Mujeres y 3 Varones y las señoras se dedican al comercio y venta ropas y otros, y la Sra. OLMEDYS es la presidenta del Banco y tiene una hija y ella se dedica a la venta de ropa y productos cosméticos de feria en feria o a pedido y con el préstamo comprara más mercadería en ropa de mujer y productos de belleza y así de esta manera incrementar su capital de trabajo y la Sra. YOVANA es la secretaria en el Banco y ella se dedica a la venta de electrodomésticos a facilidad y tiene dos hijos con el préstamo comprará más mercaderías para su negocio de esta forma mejorara sus ingresos económicos y aumento de su capital de trabajo. Todas las socias son personas responsables y trabajadoras que están 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

  • $2,817
    Average annual income
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $29,043,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Asociacion Emprendedoras Group's $2,500 loan helped a member to buy merchandise: women's clothes and beauty products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2010
Listed
Dec 30, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011