Nueva Luz Villa Fatima Group
Sandra currently purchases and sells food items and blankets, which she distributes to her customers. She lives with her in-law's at their house in the area of Chuquiaguillo, Villa Fatima. Her work involves traveling every day. She has three children who are studying at college, which poses no barrier to her ability to continue her work as a saleswoman. Sandra is married. Her husband is currently a sand merchant at the Chuquiaguillo river.
Sandra requests this loan so that she can purchase increased quantities of merchandise, helping her to generate many more orders and earn a higher income so that she can buy the dream house for her family and support her husband in managing the family's household expenses.
About EmprenderEmprender 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.
237View loans »
Success!! The loan was 100% repaid