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Sacabeñas Group
In this Group: Janeth, Ruth, Marina, Emiliana, Maria Rene, Jaquelin, Williams, Ines
The group SACABEÑAS is maD. up of 8 members. The board is comprised as follows: Señora Ruth is the president. She has been renting a home in the Quintanilla zone with her husband and children for 3 years. Señora Ruth is a good leader. She sells food for a living on a busy street in the center of the city of Cochabamba. Things are going well with her sales and she will use the loan to buy groceries and supplies to prepare her foods.

The treasurer is Señora Inés. She lives in the family home of her mother-in-law with her husband and daughter. She sells meat and eggs as a street vendor as well as in the fields where they pick potatoes. With the loan she will buy merchandise such as cartons of eggs.

This group of 8 members is well-known because 70% of the group is seen almost daily because of the businesses that they have. The only man in the group is a welder. The group is requesting a loan to invest in their businesses. All the members are responsible and hard-working people who are grateful to the institution for the support they give.
View original language description ↓
El grupo SACABEÑAS esta compuesto por 8 personas D. las cuales la mesa directiva se encuentra compuesto D. la siguiente manera: la presidenta es la Sra. Ruth vive en alquiler como 3 años que esta por la zona D. Quintanilla, vive junto con su hijos y su esposo, la señora Ruth es buena líder y se dedica a la venta D. comida en una avenida muy populosa que se encuentra en el centro D. la ciudad D. Cochabamba, le va muy bien con la venta D. comida y el dinero del crédito lo utilizara en la compra D. abarrotes e insumos para la elaboración D. sus comidas; la tesorera es la señora Inés que vive en casa familiar D. la Mama D. su esposo, vive junto a su hija y su esposo, se dedica a la venta D. huevo y carne, ambulando en la zona y en la cancha D. papas D. sacaba, con el dinero del crédito comprara mercadería como huevo por cajas, Dicho grupo D. 8 personas se conocen muy bien por que un 70% del grupo se ven casi diariamente por los negocios que tienen, el único varón del grupo es soldador. El grupo solicita el crédito para la invertir en sus negocios. Todas las socias son personas responsables y trabajadoras 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
  • 237
    View loans »
    Bolivia Loans Fundraising
  • $31,592,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sacabeñas Group's $2,400 loan helped a member to purchase groceries and supplies for food preparation.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011