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Adonay - 26 Group
In this Group: Gabriela, Virginia Florencia, Petrona, Beatriz, Catalina, Marcos, Nancy Miguelina, Ruben, Maruja Maria
The ADONAY - 26 Group is comprised of 9 members (seven women and two men). The president of the group is Virginia. She is 45 years old and has three children that are 12, 25, and 28 years old. Virginia makes and sells shoes. Her workshop is located in the Pasankeri area. She sells her products in a stall in a popular area of the city of La Paz.

This loan is her first with the institution. Virginia is going to use the money to buy materials and a variety of leather for the making of shoes. She will be able to offer a variety of products to her customers and increase her income. Her reason for asking for the loan is to continue improving her business. Virginia is going to use her earnings to continue buying materials for making her products.

Virginia is a hard-working person that is happy for the opportunity given to her and to her fellow group members, because in many cases they are the sole providers for their families.
View original language description ↓
El Banco de emprendimiento ADONAY - 26 Está compuesto por nueve integrantes siete mujeres y dos varones, la presidenta del banco es la Sra. Virginia tiene 45 años, y tres hijos que tienen las edades de 12, 25 y 28 años, La Sra. Virginia se dedica a la fabricación y ventas de calzados, su taller se encuentra en la zona de pasankeri, ella vende sus productos en su puesto de venta que se encuentra en una zona populosa de la ciudad de La Paz donde ofrece sus productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Virginia va a utilizar este préstamo para la compra de materiales , variedad de cueros para la fabricación de zapatos y de esta manera brindar variedad de productos a su clientela e incrementar sus ganancias, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Virginia va a utilizar los beneficios para seguir comprando materiales para la fabricación de sus productos, la Sra. Virginia 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
  • 158
    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 Adonay - 26 Group's $5,150 loan helped a member to buy a variety of supplies for sewing leather shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013