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Las Bolivianitas - 26 Group
In this Group: Luz Consuelo, Angelica Lourdes, Rosa Hortencia, Filomena, Paulina Santusa, Felipa , Ivonne Antonia, Mario Gerardo
The "Las Bolivianitas-26" communal bank is a long-established, responsible group made up of eight members, seven women and one man. The chairperson is Angélica, who sells meals, including breakfasts, on a very busy street in the city of La Paz.

She sells every day, and goes out at in the early hours of the morning. She is well-known in the place where she lives.

As all her friends are also neighbors, they know one another very well, and decided to create the communal bank. The chairperson has three children, and all of them go to school. She is married, and her husband is a graphic designer for a printing company.

She decided to take out the loan to buy supplies such as ground coffee and sugar for making her breakfasts. In this way she will increase her working capital and enable her business to grow.

Angélica is a very hard-working person, and she feels happy and thankful to the institution for the support offered to her.
View original language description ↓
Es banco de emprendimiento LAS BOLIVIANITAS – 26 es una banco antiguo muy responsable compuesto por ocho integrantes siete mujeres y un varón, la presidenta es la Sra. Angélica se dedica a la venta de comida y desayunos por un acalle muy concurrida de la ciudad de La Paz, vende todos los días sale a vender a tempranas horas de la mañana, es muy conocida en el lugar vive, como todas sus compañeras también son vecinas se conocen muy bien decidieron conformar la banca comunal la presidenta tiene 3 hijos y todos van al colegio es casada su esposo trabaja en una imprenta de diseñador grafico, decidió sacar el préstamo para la compra de insumos como café en polvo y azúcar para la elaborar sus desayunos y así de esta manera incrementar su capital y así crecer en el negocio, la Sra. Angélica es una persona muy trabajadora se siente feliz y agradecida con la institución por el apoyo brindado.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $29,154,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Bolivianitas - 26 Group's $1,875 loan helped a member to buy ground coffee and sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2012
Listed
Feb 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012