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Dinamarca - 26 Group
In this Group: Jenny Pamela, Rosmery, Isidora, Uva Ruby, Leonardo Fabio, Mijael Gonzalo, Pedro Milton, Maria Eugenia
The Entrepreneurs' Bank "DINAMARCA – 26" is made up of eight members, which includes five women and three men who all are involved in different types of businesses. The president of the bank is named Jenny, and she is very young, since she is only 19 years old. She works selling fruits nad vegetables at her place of business, which is located in the zone of Sopocachi in the city of La Paz. This loan will be her third with the institution.

Jenny will use this loan to buy a place of business, since the place she currently has is a rental, and also to buy fruits and vegetables that are in season in bulk to stock her sales point. Jenny has faced challenges in her business, like having to get up very early to buy the fruits and vegetables because she buys them from the trucks that arrive from the different valleys that provide these products to the city. Another of her hardships is the competition that she faces, but she works very very hard to improve her quality of life. She will use the benefits of this to continue buying vegetables for the business, and she feels happy and thankful for the opportunity given to her and to her compatriots in this group, and notes that the majority of them are young and entrepreneurial people.
View original language description ↓
El Banco de Emprendimiento DINAMARCA – 26 está compuesta por ocho integrantes de los cuales cinco son mujeres y tres varones que se dedican a distintas actividades, la presidenta del banco es la Sra. Jenny ella es muy joven ya que tiene 19 años, se dedica a la venta de verduras y frutas en su puesto de venta que se encuentran en la zona de Sopocachi de la ciudad de La Paz, este préstamo es el tercero dentro de la institución, la Sra. Jenny va a utilizar este préstamo para la compra de un puetso de venta ya que el que tiene es alquilado y tambien para la compra de verdura y fruta de temporada por mayor para surtir su puesto de venta, la Sra. Jenny enfrenta retos en su negocio que es el tener que levantarse temprano para comprar sus verduras y frutas ya que ella va a comprar de los camiones que llegan de los distintos valles que proveen estos productos a la ciudad y otro de sus retos es también la competencia que tiene pero ella trabaja duro muy duro para mejorar su calidad de vida y va a utilizar los beneficios en seguir comprando verduras para su negocio, se siente feliz ya gradecida por esta oportunidad que le brindan a ella y a sus compañeros de grupo ya que la mayoría es gente joven y emprendedora.

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,671,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Dinamarca - 26 Group's $3,700 loan helped a member to buy a location to sell vegetables and fruits.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013