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Ayudemonos Group
In this Group: Mary Heidi, Maria Susana, Luis, Mercedes Antonia, Asunta, Maggy, Rosalia, Jady
The “Ayudémonos” (Let Us Help Ourselves) communal bank is in its second cycle in the Plan 3000 zone. Its members are seven women and one man. Mary is group President.

Her main activity is operating a Beauty Salon. She’s married and has three minor children who are in school. Her husband is a Bricklayer. All of the family is very united. She works a lot to offer a better future to her children. She will use the loan money to buy beauty supplies like hair coloring, shampoo, washers and everything she needs to use in her beauty salon.

Mercedes is Treasurer. Her main activity is selling American clothes. She does not have a fixed stand but rather goes from market to market selling her wares. Her husband is a Master Bricklayer and they have two minor daughters who are in elementary school. She will use the loan we offered to increase capital buying American clothes.

All the members are responsible, hard working people who are grateful to the institution for the support provided.
View original language description ↓
El banco de emprendimiento ayudémonos esta en su segundo ciclo del zona del plan tres mil, esta integrado por siete mujeres y un hombre las señora Mary es la presidenta y su actividad principal es un salón de belleza que ella atiende, esta casada y tiene tres hijos menores que están estudiando su marido es albañil toda su familia es muy unida, ella trabaja mucho para ofrecerles a sus hijos un futuro mejor, con el dinero del crédito comprara tintes para cabello, champo, lavadores, y todo lo que necesita para utilizar en su salón de belleza, la señora mercedes es la tesorera del banco de emprendimiento su actividad principal es la venta de ropa americana no tiene puesto fijo va de feria en feria vendiendo su producto tiene su esposo que trabaja de maestro albañil dos niñas menores de edad que están estudiando en primaria con el crédito que ofrecemos aumenta su capital para la compra de ropa americana, 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

  • $5,500
    Average annual income
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayudemonos Group's $2,675 loan helped a member to buy supplies for her beauty salon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2011
Listed
Apr 2, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011