The "Caminando Juntas" (running together) bank has worked with the institution for eight cycles. The women live in the town of Salome and Pampahasi. They live near the office and the president is Juana. She has four children and is a widow. She works selling vegetables from a rented shop. The money requested is to buy toys that she will take to another city for this season of Christmas since this seasonal activity generates good income. The treasurer is Sonia who also sells vegetables. She is married. Her husband is a salaried driver. They have three children. They live in a rented home. One of her goals is to buy some land but, this time, she requests the loan to sell vegetables at wholesale. The women are responsible and hard-working people who feel thankful to the institution for the support provided.
El banco Caminando Juntas trabaja con la institución 8 ciclos las señoras viven en villa salome y Pampahasi vive a los alrededores de la oficina y la presidenta es la señora Juana, tiene 4 hijos es viuda trabaja con la venta de verduras en una tienda que alquila, el dinero solicitado es para la compra juguetes que llevara a otra ciudad por esta época de navidad ya que se genera buenos ingresos en esta actividad que es de temporada, la tesorera es la señora Sonia que vende también verduras ella esta casada el esposo es chofer asalariado tiene 3 hijos viven en alquiler una de las metas de la señora es comprar un terreno, pero esta ves solicita el crédito para la venta de verduras por mayor, las Señoras son personas responsables y trabajadoras que se sienten agradecidos con la institución por el apoyo brindado
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.