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El Patuju Group
In this Group: Cinthya Mercedes, Mercedes, Maria Asunta, Maricela, Guillermo Alberto, Angela, Kevin Leonel, Adriana, Juana
The communal bank EL PATUJU is composed of 9 members: 7 women and two men. The president of the bank is Mercedes. She is 49 years old and is not married but she is a single mother of 3 children who are already living independently. She makes a living in the preparation and sale of food at her stall that is located in the area of San Juan.

This loan is her first within the organization. Mercedes will use this loan for the purchase of tables and plastic chairs, which she will use in her stall, since her customers have increased and she would like to make them more comfortable. Her reason for asking for this loan is to grow the business.

Mercedes has come up against challenges to her business in the form of competition and she will use the benefits to improve her quality of live. She is very happy and grateful to the organization for the support it has offered her.
View original language description ↓
El banco de emprendimiento EL PATUJU esta compuesto de nueve integrantes, siete mujeres y dos varones, La presidenta del banco es la Sra. Mercedes, tiene 49 años de edad no esta casada pero es madre soltera con 3 hijos que ya son independientes, ella se dedica a la elaboración y venta de comida en su puesto de venta que se encuentran en la zona de San Juan. Este préstamo es la primera secuencia dentro de la institución la Sra. Mercedes utilizara este préstamo para la Compra de mesas y sillas plásticas para implementar en su puesto de venta ya que se incremento su clientela y ella quiere brindarles mayor comodidad. Su razón para solicitar este préstamo es Hacer crecer el negocio. Mercedes enfrenta retos en su negocio que son La competencia del mercado y utilizara los beneficios para mejorar su calidad de vida, se siente muy 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

  • $5,500
    Average annual income
  • 134
    View loans »
    Bolivia Loans Fundraising
  • $33,143,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of El Patuju Group's $3,275 loan helped a member to buy tables and plastic chairs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 8, 2012
Mar 12, 2012
Currency Exchange Loss:
Aug 15, 2012