Check out some available loans that are similar to this one!
Las Elegidas Group
In this Group: Janeth, Gladis, Aleja, Maria, Cristina, Maria Matilde, Roxana, Deliaa, Emiliana
The venture bank "LAS ELEGIDAS" ("THE CHOSEN WOMEN") is in its second lending cycle. It is made up of responsible and hard-working women. This venture bank is represented by the following member: the President, Señora Janeth, who has been living with her ​​partner for quite some time. Señora Janeth works selling seasonal clothing, and her partner is a construction contractor. They have two small children who need to be looked after. The Señora makes her sales, and also cares for her small daughters. With the money from the loan, she will buy merchandise of additional seasonal clothing and thereby increase her capital.

She lives in a rental in the Valle Hermoso (Beautiful Valley) area. She is a very hard working person who is grateful to the institution for the support being offered.
View original language description ↓
El banco de emprendimiento "LAS ELEGIDAS" se encuentra en su segundo ciclo, el cual esta conformado por personas responsables y trabajadoras, este Banco de Emprendimiento esta representado por las siguientes socias la Presidenta la señora Janeth quien convive con su pareja ya bastante tiempo, la Sra. Janeth se dedica a la venta de ropa de temporada su pareja es albañil contratista, tienen 2 hijos pequeños, que necesitan cuidados, la Sra. se dedica a vender y también a cuidar a sus hijitas, con el dinero del crédito comprara mercadería por mayor ropa de temporada y así incrementar su capital, vive en alquiler zona Valle Hermoso, es una persona muy trabajadora, 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

  • $5,500
    Average annual income
  • 175
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Elegidas Group's $2,525 loan helped a member to buy merchandise of additional seasonal clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012