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Las Soñadoras Group
In this Group: Ritha , Miguel Angel, Paola Lucia, Carlita, Cristian, Dora, Fabiola, Yeni
The communal bank LAS SOÑADORAS [The Dreamers] has eight members, six women and two men. The bank's president Ritha is 49 and has two children, ages 20 and 11. Ritha sells a variety of cooking utensils from her stand located in her neighborhood. This will be her first loan with the institution.

She will use the loan to buy wholesale cooking utensils, thereby offering her customers a range of products and increasing her profits. She is requesting the loan so that she can keep improving her business and will use the profits to buy more merchandise. Ritha is a hardworking person and is happy to have this opportunity for herself and her group because in some instances the members are the sole providers for their families.
View original language description ↓
El Banco de emprendimiento LAS SOÑADORAS, Está compuesto por ocho integrantes seis mujeres y dos varones, la presidenta del banco es la Sra. Ritha tiene 49 años, y dos hijos que son de las edades de 20 y 11 años, La Sra. Ritha se dedica a la venta utencillos de cocina en su puesto de venta que se encuentra ubicado en la localidad de el torno, donde ofrece variedad de productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Ritha va a utilizar este préstamo para la compra de mercadería en utencillos de cocina por mayor 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. Ritha va a utilizar los beneficios para seguir comprando productos, la Sra. Ritha 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
  • 88
    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 Las Soñadoras Group's $2,575 loan helped a member to buy wholesale cooking utensils.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013