The solidarity group named “Guadalupitas” consists of three members, two women and one man. The group coordinator is Sra. Maria. She is 33 years old and sells a variety of clothing, especially different types of T-shirts since the season for warmer weather has arrived and there is great demand for these products. Maria has an established vending post in the community of Colomi along the road to Chapare. The loan she is receiving is the fourth time she has participated in a cycle with Emprender. Sra. Maria will use the funds to buy a variety of T-shirts in bulk that she can offer to her customers and thereby increase her earnings. Her reason for requesting this loan is so that she can continue improving her business. The warmer season is approaching, so T-shirts will be in great demand. She will utilize the benefits of this loan to continue buying a variety of clothing.
Sra. Maria is a hardworking person who is pleased with the opportunity that has been given to her.
El Grupo Solidario GUADALUPITAS está compuesto por tres integrantes dos mujeres y un varón, La coordinadora del grupo es la Sra. Maria la primera en la descripcion, tiene 33 años, se dedica a la venta de variedad de ropa en especial variedad de poleras ya que es epoca de calor y hay mucha demnda de estos productos, ella tiene un puesto fijo en la comunidad de Colomi camino a Chapare, donde ofrece sus productos, este préstamo es su cuarta secuencia dentro de la institución, la Sra. Maria va a utilizar este préstamo para la compra de variedad de poleras por mayor y de esta manera brindar variedad de ropa a su clientela e incrementar sus ganancias, su razón para solicitar este préstamo es seguir mejorando en su negocio y también que se acerca la época de calor y las poleras tienen mucha demanda, la Sra. Maria va a utilizar los beneficios para seguir comprando variedad de ropa, la Sra. Maria es una persona muy trabajadora se siente feliz por la oportunidad brindada.
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.