The Bank of Entrepreneurship 22-AMANECER DE VILLA TUNARI has eight members, of which six are women and two are men, who make their livings in different activities.
The president of the bank es Martha, 29, who is single with four children ages 10, 8, 6 and 2. She makes a living sewing skirts for the "Cholitas" (members of a Bolivian indigenous movement) in her own workshop which is found in the Villa Tunari zone of the city of El Alto.
This is her first loan cycle within the Institution. Martha is going to use the loan to purchase fabric for the making of skirts. The reason she is requesting this loan is the large demand she has. She has orders to deliver to different markets, and lacks capital for the purchase of fabric and thread.
Martha faces challenges in her business such as the lack of equipment and sometimes a lack of material when they give her wholesale orders, depending on the work she has to do. She is going to use her profits to buy fabric.
Martha is a hard-working person whose wish is to have a big workshop and hire employees, and that way she can teach young people the trade of apparel making.
El Banco de Emprendimiento 22-AMANECER DE VILLA TUNARI está compuesta por ocho integrantes de los cuales seis son mujeres y dos varones que se dedican a distintas actividades, la presidenta del banco es la Sra. La Martha tiene 29 años y es soltera con 4 hijos que son de las edades de 10, 8, 6 y 2 años, ella se dedica a servicio costura de polleras para las cholitas, en su taller propio que se encuentran en zona Villa Tunari de la ciudad de El Alto, este préstamo es su primera secuencia dentro de la institución, la Sra. Martha va a usar este préstamo para la compra de tela para la confección de polleras su razón para solicitar este préstamo es la gran demanda que tiene y la falta de capital para la compra de tela e hilos ya que tiene pedidos que entregar a distintos mercados, la Sra. Martha enfrenta retos en su negocio que son la falta de equipos y a veces de material cuando le hacen pedidos por mayor depende de los trabajos que tiene que realizar y va a utilizar los beneficios en la compra de tela, La Sra. Martha es una persona trabajadora que su deseo es tener un taller grande y contratar mano de obra y así enseñar a jóvenes el oficio de la confección.
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.