The Bank Emprendimiento MANANTIAL is a long-standing institutional bank. The president is Sra. Celestina. She is a very responsible person. She sells different brands of sweets wholesale. She sells in different areas and to different stores, as she has her regular clients. She also has clients who place wholesale and retail orders. With the loan, she will buy wholesale sweets as she has a lot of orders to fill. She’s married and has one daughter that is under her care, the other daughters are independent. She lives near Pasanqueri in her own home. Her husband is a salaried chauffeur and helps with the household expenses. Sra. Celestina is a very responsible and hard-working person. She is grateful to the institution for the support she has received in growing her business, and improving her quality of life.
El Banco de Emprendimiento MANANTIAL es banco antiguo de la institución, la presidenta es la Sra. Celestina es una persona muy responsable se dedica a la venta de dulces de distintas marcas al por mayor, entrega a diferentes zonas, a diferentes tiendas ya tiene el mercado bien conformado como también clientes que le hacen pedido entrega al por mayor y al también algunas veces por menor, con el dinero del crédito comprara dulces por mayor ya que tiene muchos pedidos que entregar, ella es casada y tiene una hijita que mantiene ya que las otros hijas son independientes vive por la zona Pasanqueri en casa propia su esposo es chofer asalariado, y de esta manera colabora con los gastos del hogar, la Sra. Celestina es una persona muy responsable y trabajadora, se siente agradecida con la institución por el apoyo que le brinda para crecer en su negocio y de esta manera mejorar su calidad de vida.
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.