Punto Clave - 26 Group
Dabne is the president. She makes handicrafts using “goma Eva” (foam) and other materials. She takes orders, and she sells in party stores.
She is a skillful and talented person in making this type of work. Because her work is of a very good quality she receives a lot of orders.
She will use the loan to buy materials to make foam souvenirs. She also has work that she needs to deliver around this time.
Dabne is a young person with the desire to improve herself and the wish to be able to grow in her business activity. This is the way to improve her income in order to improve her quality of life.
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.
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Success!! The loan was 100% repaid