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Rosas Del Pedregal Group
In this Group: Alicia , Elizabeth, Charo Hilda, Justina, Reina , Rosa , Meri Laura, Romelia Sandra
"Rosas D. Pedregal" is an entrepreneurial bank group comprised of 8 women who live in the Pedregal area in the southern part of the city. This area is still underdeveloped and does not have many basic utilities such as running water. But this does not represent difficulties for the population living in this area.

The president of the bank, Mrs. Alicia, is a seamstress and also works as a cook in a hostel in the city. She lives with her three school-aged children. Her husband works in the transportation sector. Alicia plans to use the loan to increase her working capital and buy a sewing machine. She is a very hard-working person and grateful for the support she has received.

All of the members are dependable, hard-working women who in many cases are the ones responsible for their families getting ahead. They are grateful to the institution for the support received. N.B. One of the members is accompanied by her husand in the photo.
View original language description ↓
Rosas del Pedregal es un banco D. emprendimiento conformada por 8 socias que viven en la zona del pedregal, al sur D. la ciudad, Es una zona que aun no esta urbanizada por lo que no cuentan con muchos servicios básicos como el agua. Aunque para los habitantes D. esta zona esto no representa dificultad, La presidenta del banco es la Sra. Alicia que se dedica a la confección y arreglo D. prendas D. vestir y también trabaja como cocinera en una pensión D. la ciudad. Ella vive con sus tres hijos aun en la etapa escolar. Y su esposo que se dedica al trabajo D. transportista. La Sra. comprara maquinas D. costura con el préstamo, para D. esta manera incrementar su capital D. trabajo, es una persona trabajadora Y agradece la colaboración que se le otorga, todas las socias son personas responsables y trabajadoras que en muchos casos sacan a su familias adelante, están agradecidas con a institución por el apoyo brindado.ojo en la foto una D. las socias esta acompañado D. su esposo.

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
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosas Del Pedregal Group's $1,925 loan helped a member to buy sewing machines.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011