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Las Aguilas Group
In this Group: Virginia Adela, Sofia, Aurora, Maria Beatriz, Martha, Brenely Eliset , Virginia, Julia, Paulino, Sonia
The communal bank Las Águilas is comprised of ten members—nine women and one man. María is the president of the bank. In the photo, she is wearing a red sweater with a white shirt. She is twenty-two years old and single with a five-year-old son. She makes her living selling clothing. Her clothing stand is located in one of the markets closest to the city of Cochabomba. This is her first loan sequence with the organization.

María will use the loan to buy seasonal winter clothing for women and children in order to stock her business. Her reason for requesting the loan is to invest the capital in her business. María faces challenges in her business such as competition. She is going to use the profits to continue buying clothing merchandise for women. With time she wants to have her own store and to sell a variety of clothes and accessories. María is a very hard-working person who is carrying her family forward. This is the only business that supports them. She feels happy for the opportunity provided to her and her group members, since in some cases they single-handedly maintain their families.
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El Banco de emprendimiento Las Águilas está compuesto por diez integrantes nueve mujeres y un varón la presidenta del banco es la Sra. María en la foto es la de buzo rojo con polera blanca, tiene 22 años y es soltera con un hijo que tiene la edad de cinco años, ella se dedica al comercio de ropa, su puesto de venta que se encuentra en uno de los mercados más concurridos de la ciudad de Cochabamba, este préstamo es su primera secuencia dentro de la institución, la Sra. María usara este préstamo para la compra ropa de temporada de invierno para damas y niños para surtir su negocio, su razón para solicitar este préstamo es inversión de su capital de trabajo, la Sra. María enfrenta retos en su negocio que son la competencia y va a utilizar los beneficios en seguir comprando mercadería en ropa para damas, con el tiempo desea tener su propia tienda y vender variedad de ropa y accesorios, La Sra. María es una persona muy trabajadora saca delante a su familia, esta es la única actividad con la que se mantiene, se siente feliz por la oportunidad brindada a ella ya sus compañeras de grupo ya que en algunos casos mantienen solas a sus familias.

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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,577,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
A portion of Las Aguilas Group's $3,400 loan helped a member to buy seasonal clothing for women and children.
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 9, 2012
Currency Exchange Loss:
Jul 9, 2012