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Confianza Group
In this Group: Nicolasa, Angelica, Silveria, Katterin Vanesa, Maria , Filomena, Reina, Urzula Cristina, Gladys Lourdes
The Communal Bank “Confianza” (Trust) has already worked with Emprender for eight loan cycles. The women are neighbors from the District of Kupini. The president is Sra. María, who produces skirts and shawls for women and then delivers these products to stores and vending stands in different markets in the city of La Paz. She delivers her goods based on her orders and also sells them at retail. María is married and has two daughters who are studying. Her husband is a salaried employee who works at a private institution.


Sra. María needs a loan in order to buy fabrics and thread for making skirts and shawls. She is a hardworking individual who wants to see her children become professionals. María also wants to grow in her business and expand her product market in the cities of Oruro and Cochabamba.

View original language description ↓
El banco de emprendimiento Confianza trabaja con la institución hace ya ocho ciclos, las señoras son vecinas de la zona Kupini la presidenta es la señora María trabaja con la confección de polleras y mantas para las señoras de polleras y entrega en las tiendas y en los puestos de ventas de los distintos mercados de la ciudad de La Paz, ella entrega según pedido y también vende al por menor, ella es casada tiene dos hijas que se encuentran estudiando, el esposo trabaja como empleado asalariado en una institución privada, La Sra. María necesita el crédito para la compra de tela e hilos para la confección de polleras y mantas, La Sra. María es una persona muy trabajadora, su deseo es el de ver a sus hijos profesionales y también poder crecer en su negocio expandiendo sus productos a las ciudades de Oruro y Cochabamba.

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
  • 204
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Confianza Group's $2,700 loan helped a member to buy fabrics and thread.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012