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Ignacio Warnes Group
In this Group: Jacinta, Rossy, Monica, Rosario, Guadalupe, Andres, Carla Lorena, Eusebia Zoila
The venture bank IGNACIO WARNES is made up of eight members: seven women and one man. The president of the bank is Señora Jacinta, who is the one wearing a yellow blouse, blue jacket with light-blue stripes on the sleeves, and jeans. She is next to the secretary, who is carrying the notebook with the minutes.

Señora Jacinta is 33 years old and is not married, but she lives with partner with whom she has two children aged 3 and 2 years old. She works selling clothing. She has a store located in the Ignacio Warnes neighborhood, from which the bank takes its name.

This loan will be her first lending cycle with the institution. Señora Jacinta will use this loan for the purchase of seasonal clothing for winter, and in this way will increase her working capital. Her reason for requesting this loan is to invest in merchandise. Señora Jacinta faces challenges in her business, namely her competition, and she will use her profits to increase her merchandise. Her dream for her business is to acquire a store in a market.

Señora Jacinta is a very hard-working person, who is happy and grateful to the institution for the support provided to her and her companions in the group.
View original language description ↓
El Banco de emprendimiento IGNACIO WARNES está compuesto por ocho integrantes, siete mujeres y un varon, la presidenta del banco es la Sra. Jacinta Es la que esta vestida con una blusa amarilla, chamarra azul con rayas celestes en las mangas, pantalón bluyín, se encuentra al lado de la secretaria quien porta el libro de actas, La Sra. Jacinta tiene 33 años y no es casada pero convive con su pareja con el que tiene 2 hijos que son de las edades de 3 años y 2años, ella se dedica a la venta de ropa tiene su tienda que se encuentran ubicado en la zona Ignacio Warnes de ahí el nombre de la banca, Este préstamo es su primera secuencia dentro de la institución, la Sra. Jacinta va a usar este préstamo para la compra de ropa de temporada de invierno y así de esta manera incrementa su capital de trabajo, Su razón para solicitar este préstamo es invertir en mercadería, la Sra. Jacinta enfrenta retos en su negocio que son la competencia y va a utilizar los beneficios incrementar su mercadería y sueña para su negocio es adquirir una tienda en un mercado, la Sra. jacinta es una persona muy trabajadora se siente feliz y agradecido con la institución por el apoyo brindado a ella y a sus compañeras de grupo.

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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A portion of Ignacio Warnes Group's $3,950 loan helped a member to purchase seasonal clothing for winter.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 23, 2012