The communal bank "Calipso" is in its first loan cycle with this institution. It is made up of 11 people of which 8 are women and 3 are men. Their businesses range from sale of food, sale of cosmetics, sale of yucca, charcoal and a bakery. All the members live in the area Plan 3000. The group was founded through the initiative of three members. Juana is the president of the communal bank Calipso and she makes cakes, cookies and a variety of breads. She sells them to the different markets in Plan 3000. With this loan she will buy supplies to make cakes such as flour, sugar and milk, etc. Juana has four children who are of school-age. She lives in her own home and the income she generates supports her home since she is the source of income. She is a very hardworking and responsible woman. Her desire is that her children become professionals and good people. All of the members are responsible and hardworking people that are thankful to this institution for the support provided.
El Banco de Emprendimiento "CALIPSO " se encuentra en su primer ciclo dentro de la Institución, compuesto por 11 personas en la cual 8 son mujeres y 3 varones, sus actividades están entre venta de comida, promotora de cosméticos, venta de yuca, carbón y repostería todas viven en la zona del Plan 3000. El grupo se fundo por la iniciativa de tres socias: La Sra. Juana es la presidenta del banco de emprendimiento Calipso se dedica a la elaboración de tortas, galletas queques y variedad de panes, distribuyendo a los diferentes mercados del plan 3000, con el dinero del credito comprara insumos para la elaboracion de tortas, como harina azucar leche, etc tiene 4 hijos que se encuentran en edad escolar, vive en casa propia, los ingresos que generan sustentan su hogar ya que es única fuente de ingresos, es una persona muy trabajadora y muy responsable, su deseo es el de ver a sus hijos profesionales y personas de bien. Todas las socias son personas responsables y trabajadoras que están agradecidas 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.