Check out some available loans that are similar to this one!
Primavera Group
In this Group: Tomasa, Julia, Emiliana, Marcela, Cristina , Julia Elena, Juana Nelly , Nicole Katuska
The “Primavera” (Spring) communal bank has 8 members, all women. The bank’s president is Julia, 42. She has two children who are 17 and 14 years of age. She sells cosmetics via catalogue. She sells beauty products from place to place visiting public and private institutions and different neighborhoods selling her products door to door. This loan is her first sequence in the institution and Julia will use this loan to buy cosmetics that are on special promotion to have in stock. Her reason for requesting the loan is to have a variety of products available to meet customer demand. Julia’s business challenge is being able to give efficient customer service. She will use profits to improve her family’s quality of life since this is the only activity she has that makes it possible for her to support her family.
View original language description ↓

El Banco de emprendimiento PRIMAVERA, Está compuesto por ocho integrantes todas mujeres, la presidenta del banco es la Sra. Julia tiene 42 años y tiene dos hijos que tiene la edad de 17 y 14 años, ella se dedica a la venta de cosméticos por catalogo, es promotora de productos de belleza ella vende de manera ambulante visitando instituciones públicas y privadas, barrios distintos domicilios ofreciendo sus productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Julia va a usar este préstamo para comprar cosméticos que se encuentran en promoción para tener en stock para su negocio, su razón para solicitar este préstamo es tener variedad de productos para satisfacer a sus clientes, la Sra. Julia enfrenta retos en su negocio que son atender con eficiencia a sus clientes y va a utilizar los beneficios para mejorar su calidad de vida de su familia ya que esta es la única actividad que le permite mantener a su familia.

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
  • 204
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Group's $2,475 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013