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Villa Bolivia Group
In this Group: Yoana, Fabiola , Veronica, Reina Bictoria, Evelin , Griselda Adelaida, Ynocencia, Emilia , Rosa Stela, Viviana
The Villa Bolivia community bank is located in Villa Bolivia neighborhood, in Plan 3000 suburb. The group has ten members who are all women. The group's president is Yoana who sells American clothes in different street markets in Plan 3000 suburb. She travels to the city of Oruro to buy her merchandise. She has been in this business for quite a while and it is doing very well. Yoana has two school-age children. She will use her loan money to buy merchandise.

The other members of Villa Bolivia sell groceries, work as sales reps and sell American clothes. The group is in its third loan cycle. The members are hard-working people who would like to get ahead so that they can provide their children with a future.
View original language description ↓
El Banco de Emprendimiento Villa Bolivia esta ubicado en el barrio villa Bolivia de la zona del plan 3000, esta conformada por 10 integrantes todas mujeres. La presidenta es la Sra. Yoana ella se dedica a la venta de ropa americana en diferentes ferias de la zona del plan 3000, ella viaja a la ciudad de Oruro a comprar su mercadería, actividad a la que dedica hace bastante tiempo y le va muy bien, tiene 2 hijos que se encuentran en edad escolar, con el dinero del crédito comprara mercadería. La mayoría de las socias de Villa Bolivia se dedica a la venta de abarrotes, promotoras y venta de ropa americana. Villa Bolivia esta en su tercer ciclo. Las socias son personas trabajadoras que quieren salir adelante para darles un futuro a sus hijos.

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
  • 140
    View loans »
    Bolivia Loans Fundraising
  • $33,316,775
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Bolivia Group's $3,925 loan helped a member to buy a bundle of clothes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 25, 2011
Apr 18, 2011
Currency Exchange Loss:
Dec 15, 2011