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La Realeza Group
In this Group: Elva , Laura Giovana, Maida Elena, Viviana, Veronica Carla, Pablo Emiliano, Maribel, Isabel
The Communal Bank “La Realeza” (The Royal Family) consists of eight members, seven women and one man.


The bank president is Sra. Elva. She is 62 years old and has five children who are all independent. Sra. Elva prepares and sells bread. She has a bakery that is located in the town of Paurito. The loan she is receiving is her first with Emprender. Sra. Elva will use the loan to buy an industrial oven so that she can provide better service to her customers and increase her earnings. Her reason for requesting this loan is so that she can continue improving her business.


By utilizing the benefits of these loans, Sra. Elva will continue to buy utensils and supplies for making bread. She is a hardworking individual and is pleased with the opportunity that has been given to her and her fellow group members. Some of them are the only ones providing support for their families.

View original language description ↓
El Banco de emprendimiento LA REALEZA Está compuesto por ocho integrantes siete mujeres y un varón, la presidenta del banco es la Sra. Elva tiene 62 años, y tiene cinco hijos todos ya independientes, La Sra. Elva se dedica ala actividad de elaboración y venta de pan, tiene su panadería que se encuentra ubicado en la localidad de Paurito, este préstamo es su primera secuencia dentro de la institución, la Sra. Elva va a utilizar este préstamo para la compra de un horno de panadería industrial y así de esta manera brindar un mejor servicio a sus clientes e incrementar sus ganancias, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Elva va a utilizar los beneficios para seguir comprando utensilios e insumos para la elaboración de sus panes, la Sra. Elva es una persona muy trabajadora 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

  • $2,817
    Average annual income
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Realeza Group's $2,800 loan helped a member to buy an industrial oven.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012