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Las Frutillitas Group
In this Group: Sara Valeria, Maria Rebeca, Willy, Angela Mabel, Irene, Maria Magdalena, Albertina Lore, Helen Tatiana
The communal bank Las Frutillitas comprises eight members: seven women and one man. The president of the bank is Ángela, who lives in the area. Ángela is thirty years old and has three children, who are ten, twelve, and eighteen years old. She works selling a variety of essential goods at her neighborhood store, which is located in the same area where she lives.

This will be her first loan cycle with this institution. Ángela is going to use this loan to purchase an assortment of products to stock her business, such as groceries and soft drinks, so that she can offer product variety to her customers. The reason she is requesting this loan is to keep improving her business. Ángela will use her profits to keep buying products so that she can gradually improve her income. Her wish is for her business to include a stockroom so that she can offer her customers better service.

Ángela is a very hard worker. She is happy with the opportunity she is being offered, along with her fellow members, because in many cases they are people who are raising their families alone.
View original language description ↓
El Banco de emprendimiento LAS FRUTILLITAS está compuesto por ocho integrantes siete mujeres y un varón, la presidenta del banco es la Sra. Ángela vive por la zona El Carmen, La Sra. Ángela tiene 30 años y tiene tres hijos que son de las edades de 10, 12 y 18 años, se dedica a la venta de variedad de artículos de primera necesidad en su tienda de barrio que se encuentra en la misma zona donde vive, este préstamo es su primera secuencia dentro de la institución, la Sra. Angela va a usar este préstamo para la compra varieda de productos para surtir su negocio como abarrotes y refrescos y de esta manera brindar variedad de productos a sus clientes, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Ángela va a utilizar los beneficios para seguir comprando productos y así mejorando sus ingresos, su deseo para su negocio es tener un almacén y así brindar un mejor servicio a su clientela. La Sra. Ángela es una persona muy trabajadora se siente feliz por la oportunidad brindada a ella ya sus compañeras del grupo ya que en muchos casos son personas que sacan adelante 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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Frutillitas Group's $2,875 loan helped a member to purchase assorted products to stock her business, such as groceries and soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013