This communal bank is made up of nine members, the majority of whom live in the Pasanqueri neighborhood. Most of the members have shoe-making workshops and some of the women have very well-known shoe stands in the same neighborhood. The communal bank is made up of two men and seven women. One of the men has a cell phone store on Eloy Salmon Street. The president of the group is Sra. Gabriela, and the group supports her continuation as president. She has been a customer of the bank for a long time. She manages the group well and knows all the members of the group very well. She makes her living selling women's shoes. Her stand is located on one of the most commerical streets of the city. She will use the money from the loan to purchase shoes by the dozen. The treasurer of the group is Sra. Virginia. She earns her living making all types of women's shoes. Her workshop is right in her home. Her market is all over the city, where ever she sells her shoes. She is also very well-known, which is why she was chosen as treasurer. She will use the money from the loan to purchase materials for making shoes. The communal bank "Adonay" is in its fourth cycle. It is a group of people who help each other to get ahead. All of the members are grateful to the institution for the support they have been given.
El banco esta conformado por nueve personas la mayoría de las señoras viven el zona Pasanqueri y la mayoría tiene su taller de calzados y algunas señoras tienen su kiosco en la misma zona y el cual se conocen muy bien en el grupo esta conformado por dos varónes y siete mujeres, uno de los señores tiene su tienda de celulares por la Eloy Salmon, la presidenta es la Sra. Gabriela es cliente antigua ella maneja muy bien el grupo también conoce muy bien a todos los integrantes del grupo se dedica a la venta de calzados de mujer su puesto se ubica en una de las calles mas comerciales de la ciudad y el grupo la apoyo para que siga como presidenta con el dinero del crédito comprara zapatos por docena, la tesorera es la Sra. Virginia se dedica ala confección de calzados de todo tipo para mujer su taller esta en su mismo domicilio su mercado esta por toda la ciudad dejando sus productos también la conocen muy bien por eso la eligieron, con el dinero del crédito comprara materiales para la elaboración de calzados . el grupo Adonay esta en su cuarto ciclo es un grupo que se ayuda mutuamente para salir adelante, todas las socios están agradecidos con la institución por el apoyo brindado.
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.