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Las Emprendedoras Group
In this Group: Vicente, Fabiana Cristina, Olga Eliana, Ofelia Felipa, Andrea Elizabeth, Boris Israel, Rene , Ruth Julia , Cristina
The entrepreneurs' bank "LAS EMPRENDEDORAS" is a bank that is now in its sixth lending cycle. The Bank is maD. up of of nine members; six women and three men. The women traD. and sell school supplies, clothing and other things.

Señora Olga is president of the bank and has three school-age children. She has been selling school supplies for some time and with the loan, she will purchase different varieties of school supplies and increase her working capital. In this way she will improve her income and quality of life.

She is a very responsible person with the desire to excel, and she is grateful to the institution for the support being offered.
View original language description ↓
El Banco D. Emprendimiento LAS EMPRENDEDORAS es un banco que ya está en su sexto ciclo y el Banco está conformado por 9 Integrantes 6 Mujeres y 3 Varones y las señoras se dedican al comercio y venta material escolar, confección y otros, y la Sra. OLGA es la presidenta del Banco y tiene tres hijos que se encuentran en edad escolar y ella se dedica a la venta D. material escolar hace bastante tiempo y con el préstamo comprara material escolar D. diferentes variedades y aumento D. su capital D. trabajo y D. esta forma mejorara sus ingresos, y su calidad D. vida, es una persona muy responsable con ganas D. superación agradecida 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

  • $2,817
    Average annual income
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Emprendedoras Group's $3,400 loan helped a member to buy a variety of school supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012