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25-Honor Y Gloria Villa Fatima Group
In this Group: Ximena, Teresa Rosario , Asunta , Edgard, William , Victorina , Gabriela Ligia, Rosario Nazaret
The '25-HONOR Y GLORIA VILLA FATIMA' community bank has eight members: six women and two men. The president of the group's board of directors is Edgar.

Edgar is 56 years old, married, and has two children who are no longer dependent on him. He works as a photographer and also does filming and video editing work. In addition, he provides video camera work at different social and cultural events. He has been in this business for some years now. Edgar requested a loan from the institution to buy materials (a movie camera) for his business as his demand for filming social events and other events has risen. The challenge that Edgar faces in his business is creating high-quality work. He will use the profits he makes to buy new equipment for his business.
View original language description ↓
El Banco de Emprendiendo 25-HONOR Y GLORIA VILLA FATIMA, esta compuestos por ocho integrantes seis mujeres y dos varones El presidente de la mesa directiva es el Sr. Edgar Tiene 56 años y es casado con 2 hijos ya independientes, el se dedica a la actividad de fotógrafo y también realiza filmaciones y edición de videos, camarógrafos, en distintas actividades sociales y culturales, se dedica esta actividad hace ya bastantes años su negocio el préstamo que solicito con la institución lo utilizara para compra de material de una filmadora para su negocio, es que se incremento en la demanda de filmaciones de acontecimientos sociales y otros. Enfrenta retos en su negocio que son realizar trabajos de calidad y prestigio utilizara los beneficios implementando nuevas maquinas 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

  • $5,500
    Average annual income
  • 207
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 25-Honor Y Gloria Villa Fatima Group's $2,850 loan helped a member to buy materials (a movie camera).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012