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Senor De Mayo-31 Group
In this Group: Susy Daniela, Kinski Yolanda, Ruth Tania, Soledad Carola , Orlando, Victoria, Silvia Marisol, Evania
The entrepreneurship bank, Señor de Mayo-31, is made up of eight members: seven women and one man. The president of this bank is Susy, who is 40 years old, married, and has three children ages 1, 5, and 8. Two of her children are now in school. Susy makes a living from her cooking business. She cooks for special occasions such as weddings, baptisms, etc.

This is Susy's second loan from this lending institution. She will use it to buy a variety of kitchen utensils to help her cook during the busy season, full of weddings, promotions, and baptisms coming up. She is requesting this loan in order to continue to improve her business and keep it well-stocked. This will help her increase her profits.

Susy is a very hardworking woman. She is happy that she and the other group members have been offered this opportunity, since most of them are the only source of income to help their families get ahead.
View original language description ↓
El Banco de emprendimiento SENOR DE MAYO-31 está compuesto por ocho integrantes siete mujeres y un varón, la presidenta del banco es la Sra. Susy tiene 40 años, casada tiene tres hijos de las edades de 1, 5 y 8 años, dos ellos en edad escolar, La Sra. Susy se dedica al servicio de gastronomía, ella elabora comida especial para distintos acontecimientos sociales, ya sea matrimonios, bautizos, etc. este préstamo es su segunda secuencia dentro de la institución, la Sra. Susy va a usar este préstamo para la compra variedad de utensilios para la elaboración de su comida, ya que estas fechas tiene mucha demanda por la gran cantidad de matrimonios, promociones y bautizos que se llevan a cabo su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Susy va a utilizar los beneficios para seguir comprando productos y así mejorando sus ingresos, La Sra. Susy es una persona muy trabajadora se siente feliz por la oportunidad brindada a ella ya sus compañeras del grupo ya que en muchos casos son personas que sacan adelante 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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Senor De Mayo-31 Group's $3,600 loan helped a member to buy kitchen utensils for her catering business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013