The communal bank Limoncito is made up of nine members who are all women. The president of the bank is Señora Dalcy who lives town of Limoncito from which the communal bank's name came. She is 49 years old and has a 21 year old son. Señora Dalcy makes and sells craftwork in her shop, which is found in the town where she lives.
This is the first loan for the institution, and Señora Dalcy will use it to buy supplies to make her craftwork. She hopes to improve her business with this loan by using the funds to buy additional supplies which will result in a better income. She desires to have a large craftwork shop to allow her to offer better service to her customers.
Señora Dalcy is a very hard-working person who feels happy to have the opportunity given to her and to the other members of the group who, in some cases, are the sole providers for their families.
El Banco de emprendimiento LIMONCITO, Está compuesto por nueve integrantes todas mujeres la presidenta del banco es la Sra. Dalcy vive por la localidad de la Limoncito de ahí viene el nombre del banco de emprendimiento, ella tiene 49 años y un hijo de las edad de 21 años, La Sra. Dalcy se dedica a la venta de y fabricación de artesanías en su puesto de venta que se encuentra en la misma localidad donde vive, este préstamo es su primera secuencia dentro de la institución, la Sra. Dalcy va a usar este préstamo para la compra materiales para la fabricación de sus artesanías, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Dalcy va a utilizar los beneficios para seguir comprando materiales y así mejorando sus ingresos, su deseo para su negocio es tener una tienda de artesanía grande y así brindar un mejor servicio a su clientela. La Sra. Dalcy 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.
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.