The Las Poderosas community bank is starting its first round of funding with 8 members: 6 women and 2 men. All of the members live in Quebrada Seca. The members operate various businesses selling products such as prepared foods and "cotillones" (party masks, streamers and other paraphanelia for parties).
Srta. Sandra, the president of the group, makes and sells cotillones. Sandra, 22, lives in Quebrada Seca and has operated the business for a year. She will use the loan to buy the materials she needs--paper and cardboard, for example--to make the products she sells. Sandra is single and the income from her business helps to support her mother, brothers and sisters.
The members of the group say that they are grateful for your trust and support because your loans make it possible for them to continue their businesses.
Banco de emprendimiento Las Poderosas se encuentra en su primer ciclo conformado por 8 integrantes de los cuales 6 son mujeres y 2 varones viven la localidad de Quebrada Seca, todos cuentan con una actividad, como la venta de comida, cotillón, servicio, draga, cerámica, cuneta con una mesa directiva donde . La señorita Sandra actualmente toma el cargo de presidenta del banco se dedica a la fabricación y venta de cotillones para todos los acontecimientos sociales, se dedica a esta actividad hace un año, vive en quebrada seca hace 22 años, vive en casa de su tío. El préstamo será destinado para la compra de materiales como papel y cartulina, cuero para la fabricación de materiales y así aumentar su capital de trabajo es soltera esta es la única actividad con la que mantiene a su familia que esta compuesta por su mama y hermanos. Todos los socios Están muy agradecidos con nuestra entidad por haber confiado en ellos y brindarles un apoyo para poder crecer en sus negocios y actividades.
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.