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33 - Arocagua Group
In this Group: Cintya, Alexander Diego, Betzabe, Amanda, Rosario, Maria Primitiva , Felipe, Liliana
The '33 AROCAGUA' communal bank consists of 8 members, six women and two men. They all live in the area of Arocagua, hence their group name.

The President of the Board is Cintya, who lives in the family house with her mother in the Arocagua area. She does not have any children. Cintya is a good leader and was elected by her colleagues due to her solidarity and responsible nature. She manufactures signs for various institutions, restaurants, taxis, buses, etc. She has been doing this for 4 years.

With the money from this loan, Cintya will purchase materials for the production of signs, such as paints. Through her work she is able to support herself and her family, including her parents and siblings. She is a hardworking person and she is very happy to be receiving this support which will help her improve the quality of life for her family.

There are two men in the group, one is a taxi driver and the other has his own tableware business. The members are seeking a loan to invest in supplementing their businesses with more merchandise.
View original language description ↓
El grupo 33 AROCAGUA esta compuesto por 8 personas seis mujeres y 2 varones, todas las socia viven en la zona de Arocagua de ahí el nombre del banco la mesa directiva se encuentra compuesta de la siguiente manera:
La presidenta es la Sra. Cintya vive en casa familiar de la madre en la zona de Arocagua, no tiene hijos, la mencionada señora es buena líder por eso fue elegida por sus compañeras por su solidaridad y responsabilidad, ella se dedica a la fabricación de letreros para distintas instituciones, pensiones, taxis, micros, se dedica a esta actividad hace ya 4 años, con el dinero del crédito comprar materiales para la realización de letreros como pinturas, con esta actividad se mantiene y mantiene a su familia que esta compuesta por sus padres y hermanos, es una persona muy trabajadora se siente feliz por el apoyo que le brindan ya que de esta manera mejorar su calidad de vida de toda su familia; en el grupo hay dos varones uno es chofer con taxi propio y el otro cuenta con negocio propio de vajillas. Los socios solicitan el crédito para invertir en el aumento de su mercadería para su negocio.

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

  • $2,817
    Average annual income
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 33 - Arocagua Group's $2,675 loan helped a member to purchase paint materials for producing signs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012