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19 De Marzo Group
In this Group: Nayde Roxana, Francisca , Rossmery, Shirley De Rosario, Deisy , Maria Ivonne, Victor Hugo, Sergio Miguel
The entrepreneur bank "19 D. MARZO "is a new group, maD. up of responsible, hard working people, and is in its first cycle. The bank is represented by the following members:

NayD. is the president and leads the group. She has a linen sales business and sells on foot, visiting offices and homes and offering her services. She has many steady customers. She will use the money from this loan to buy items by the dozen because she can get them for better prices this way. This way she can increase her profits.

Deysi is the treasurer. She is separated and has six children who attend school. She has a motorcycle repair shop, run by one of her relatives. It's located on a busy street. She will use the money from this loan to make some repairs to the shop.

All of the members are hard working, responsible ladies who are grateful to the institution for their support.
View original language description ↓
El banco D. Emprendimiento "19 D. MARZO " es uno grupo nuevo D. la agencia, se encuentra en su primer ciclo, el cual esta conformado por personas responsables y trabajadoras, este Banco esta representadas por las siguientes socias: Presidenta la señora NayD. quien es la líder del grupo, tiene como negocio la venta D. lencería D. forma ambulante visitando oficinas y domicilios ofreciendo sus productos, tiene ya muchos clientes que compran su mercadería, con el dinero del crédito comprar mercadería por docenas ya que es mas barato y después venderla a un precio mas alto e incrementar su utilidad. Como Tesorera esta la Sra. Deysi quien es separada con 6 hijos que se encuentra estudiando y tiene el como actividad un taller D. reparación D. motos que lo atienD. uno D. sus familiares que esta ubicado en la una avenida muy concurrida, con el dinero del crédito hará algunas reparaciones al taller, 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
  • 232
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 19 De Marzo Group's $2,050 loan helped a member to increase inventory and make some repairs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2011
Listed
Apr 8, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011