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Buenas Emprendedoras - 26 Group
In this Group: Thelma, Rosa, Karina, Jimena Sofia, Jose Antonio, Emma Virginia, Carlos , Lucy Isabel, Claudia Alicia
The communal bank “Buenas Emprendedoras” (Good Entrepreneurs) is made up for nine members, 7 of whom are women and 2 men. Emma is the president of the bank. She is 47 years old and married with three children who are already grown and over 25 years old. Emma works making and selling food in her shop in the Tembladerani neighborhood. This will be her first loan cycle. Emma will use the loan to buy ingredients like rice, noodles, and oil in bulk to make her meals and also to offer a variety of dishes to her customers and increase her income. Her reason for getting the loan is to continue improving her business. Emma will use the profits to continue buying utensils and ingredients to make her food. Emma is a very hardworking person who is happy about the opportunity that’s been offered to her and to the other communal bank members since in some cases they are the sole breadwinner in the family.
View original language description ↓
El Banco de emprendimiento BUENAS EMPRENDEDORAS - 26
Está compuesto por nueve integrantes siete mujeres y dos varones, la presidenta del banco es la Sra. Emma tiene 47 años, casada con tres hijos mayores de 25 años ya independientes, La Sra. Emma se dedica a la elaboración y venta de comida en su puesto de venta que se encuentra en la zona de Tembladerani, este préstamo es su primera secuencia dentro de la institución, la Sra. Emma va a utilizar este préstamo para la compra de insumos como arroz, fideo y aceite por mayor para la elaboración de sus comidas y así ofrecer variedad platillos y 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. Emma va a utilizar los beneficios para seguir comprando utensilios e insumos para la elaboración de sus comidas, la Sra. Emma 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

  • $5,500
    Average annual income
  • 175
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buenas Emprendedoras - 26 Group's $4,025 loan helped a member to buy ingredients in bulk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012