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Los Picaflores De Los Chacos Group
In this Group: Marlene, Patricia, Alejandra, Carmen Delmira, Cela , Aglae, Alejandra Paola, Juan Pablo, Jimena, Erika Norka, Natividad
The Picaflores De Los Chacos communal bank is comprised of 11 members, 10 women and 1 man. Carmen, age 29, is the president of the bank. She is not married, but she lives with her life partner and their two children, ages 8, 4, and one on the way (she is 7 months pregnant).

Carmen sells meat. She has a sales stand at one of the markets in the city of Santa Cruz. She lives in the 23 de Diciembre area.
This is her second loan cycle in the institution. Carmen will use this loan to buy a freezer. This will allow her to keep the meat she sells in a good state.

Carmen does face challenges in her business. The price of meat increases, and this makes meat scarce. Carmen will use the profits to buy more meat. This way she will be able to increase her sales, which will increase her income. In time she wishes to have an equipped butcher shop.

Carmen is a very hard-working person, and she is grateful to the institution for the support given to her and her companions in the communal bank. Some of the bank members get their families ahead by themselves.
View original language description ↓
El Banco de emprendimiento LOS PICAFLORES DE LOS CHACOS está compuesto por once integrantes, diez mujeres y un varón, la presidenta del banco es la Sra. Carmen tiene 29 años no es casada pero convive con su pareja con el cual tiene 3 hijos que son de las edades de 8 años, 4 años y 7 meses de gestación, la Sra. Carmen se dedica a la venta de carne, ella tiene su puesto de venta en uno de los mercados de la ciudad de Santa Cruz, ella vive en la zona 23 de Diciembre, este préstamo es su segunda secuencia dentro de la institución, la Sra. Carmen va a usar este préstamo para compra de un Frízer, esto le permitirá conservar en buen estado la carne que vende, la Sra. Carmen enfrenta retos en su negocio que son que el precio de carne aumente y esto hace que la carne escasee, la Sra. Carmen va a utilizar los beneficios para comprar más carne y así de esta manera poder incrementar sus ventas y por ende sus ingresos, desea con el tiempo tener una carnicería equipada, la Sra. Carmen es una persona muy trabajadora se siente agradecida con la institución por el apoyo brindado a ella y a sus compañeras de grupo y a que son en algunos casos personas que sacan a delante a sus familias solas.

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
  • 142
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
A portion of Los Picaflores De Los Chacos Group's $4,975 loan helped a member to buy a freezer.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 26, 2012
May 24, 2012
Currency Exchange Loss:
Jun 23, 2012