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Los Amigasos Group
In this Group: Pascuala, Nancy, Sonia, Jackeline, Gabriela Vanesa, Graciela, Alfonso, Viviana
The "Los Amigasos" communal bank is in its first loan cycle, and is made up of eight members; seven of whom are women and one a man. They live in Torno, in the community of Espejos. They all have businesses: selling food, selling cosmetics, providing services.

Currently, Gabriela is in the position of president of the communal bank. She sells fast food, and has been in this business for a year.

The loan will be earmarked for increasing her working capital, through purchasing cooking supplies such as potatoes, cooking oil, and meat. She isn't married, but lives with Eduardo and has a 5-month-old child. Her husband is a bricklayer, and works from the early hours of the morning.

The members are very grateful to our institution for having trusted them, and provided them support to be able to prosper in their businesses and activities.
View original language description ↓
El banco de emprendimiento Los Amigasos en su primer ciclo conformado por 8 integrantes de los cuales 7 son mujeres y 1 varón viven la localidad de el Torno en la comunidad Espejos todos cuentan con una actividad, venta. De comida, cosméticos, servicios.
La Gabriela actualmente toma el cargo de presidenta del banco de dedica a la venta de comida rápida se dedica a esta actividad hace un año, el préstamo será destinado a aumentar su capital de trabajo comprando insumos para la elaboración de comida como papa, aceite, carne, no esta casada pero vive con el señor Eduardo y tiene un hijo que esta de 5 meses su esposo presta el servicio de albañilería trabaja desde tempranas horas de la mañana los señores están muy agradecidos con nuestra entidad por haber confiado en ellos y brindarles un apoyo para poder crecer en su negocios y actividades.

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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Amigasos Group's $2,275 loan helped a member to buy ingredients for making hamburgers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2012
Listed
Feb 7, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012