This is a new community bank, but with two senior members, it is comprised of eight people. The majority of the women live in the Tembladerani zone. They sell CDs and cellular accessories. Others sell high end clothes that are well known in the group. There are also two men who live in the same area. The president's name is Shirley. She sells CDs, and her locale is on a central avenue that goes through the city of La Paz. She is established and very responsible. She has been working in this business for two years. The money from the loan will be used to CDs with music and children's movies since the school holiday has started and there is a lot of demand for these children's movies. Shirley is a young, hardworking person. She is grateful to this organization for the help it provides.
Es Banco nuevo pero con dos socias antiguas esta conformado por ocho personas la mayoría de las señoras viven el zona Tembladerani por se dedican a la venta de cd venta de artículos para celulares otros que se dedican a la venta de ropa en el alto cual se conocen muy bien en el grupo, también están dos varones que viven en la misma zona, La presidenta se llama Shirley ella tiene la actividad de venta de cds y su puesto en una avenida céntrica y concurrida de la ciudad de La Paz, ella es antigua muy responsable, trabaja con esta actividad hace 2 años, el dinero del crédito lo utilizara en la compra de mercadería Cds de música y películas infantiles ya que empieza las vacaciones escolares y tiene mucha demanda las este tipo de películas infantiles, la Sra. Shirley es una persona joven trabajadora agradecida 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.