Justa leads the group "las viejas amigas" which has members from the same region. Justa works at home and has a small workshop where her husband works making and repairing shoes. She also sews woven wraps and shawls, which she sells in local markets, including Ceja D. el Alto, one of the city's largest. With this credit, she will buy wool and materiel for sewing, to satisfy growing demand for custom garments. Justa is grateful for the access to credit and hopes eventually to proviD. for her children and to buy a small plot of land to constuct her own home.
La señora Justa es la presidenta D. la banca D. emprendimiento las viejas amigas ella formo el grupo con señoras que viven por la zona la señora es cuidadora D. la casa donD. habita y tiene un pequeño taller D. zapatería en el que su esposo trabaja, y también ella teje buzos y chompas en el invierno, el trabajo D. ella y D. su esposo ella lo venD. D. forma ambulante por las ferias D. la ciudad D. el alto, sobre todo en las tardes venD. en la ceja D. el Alto un lugar muy concurrido D. la ciudad, con el dinero del credito comprara lana y material para tejer ya que ella tambien realiza trabajos a pedido, es una señora muy responsable, ella tiene el sueño D. darles a sus hijos un techo propio por lo cual trabaja sin descanso para poder comprar su terrenito y poder hacer construir su casita, ella es una persona muy trabajadora y agradecido 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.