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Amistad Del Sur Group
In this Group: Lusmila Nancy, Iva Ximena , Rosmery Reina, Ana Maria, Hetler Judhit , Esteban Simon , Carla Mery, Agapito Luis , Beatriz Cristina
“Amistad del Sur” (Friendship of the South) is a Communal Bank that consists of nine members who are starting their second loan cycle. They did not experience any problems with repaying their previous loan. To date, the members have demonstrated great responsibility with their payments. They engage in different business activities in order to support their families. For this reason, they are requesting a loan.


Such is the case with Sr. Agapito. He currently serves as President of the Communal Bank. Agapito works in the transportation sector. He lives with his wife and two children who are attending school. The money from his loan will be used to maintain his vehicle, which is currently experiencing a few problems. This prevents him from offering good service. His greatest wish is to buy a small house because living in a rental property is an enormous expense.


Most of the members are hardworking individuals. They are grateful to be in a partnership with Emprender.

View original language description ↓
Amistad del sur es una asociación conformada por 9 socias ingresan en su segundo ciclo sin haber tenido problemas de pago en el anterior ciclo. Son personas que a la fecha han demostrado mucha responsabilidad con sus cuotas. Ellos se dedican a distintas actividades con lo que logran mantener a sus familias y para lo que requieren el préstamo, tal es el caso del Sr. Agapito actualmente presidente de la asociación, el se dedica al autotransporte, vive con su esposa y sus dos hijos que a la fecha se encuentran en etapa escolar. Con el dinero del crédito realizara mantenimiento a su vehículo ya que esta presentando algunas fallas y no le permite ofrecer un buen servicio, Su máximo sueño es de poder comprarse su casita y así dejar de vivir en alquileres ya que es un gasto enorme, muchos integrantes como el son personas trabajadoras por lo que agradecen la colaboración otorgada por la institución.


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
  • 181
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Del Sur Group's $3,150 loan helped a member to pay for vehicle maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011