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Sewenkani-25 Group
In this Group: Julia Lucia, Jose Manuel
Sewenkani-25 Solidarity Group is made up of two members, a man and a woman.

José is the coordinator of the group. He's 34 years old and has two sons, ages 10 and 12. José makes a living making and sewing garments. He lives in the Sewenkani area. This is José's second loan with the institution and he's going to use it to buy fabric, thread, and other things for his business.

Julia makes a living selling candied peanut sweets. She'll invest in buying peanuts by the quintal to make the sweets. Her reason for requesting the loan is the lack of cash, which doesn't let her grow in her business. This is a challenge because the customers are small producers and she has little capital.

They want to grow more in their businesses, and they're going to use the profits to continue buying material and supplies so the businesses grow and they can have a better quality of life.
View original language description ↓
El Grupo Solidario SEWENKANI-25 está compuesto por dos integrantes una mujer y un varón, La coordinadora del grupo es la Sr. Jose tiene 34 años y tiene 2 hijos que son dos varones de 10 y 12 años, el Sr. Jose se dedica a la confección y costura de prendas de vestir el vive en la zona Sewenkani, este préstamo es el segundo que ha tomado con la institución y el Sr. Jose va a utilizar este préstamo para la compra de tela, hilo y otros para su negocio y la señora julia se dedica a preparación de dulces de maní confitado, invertirá en la compra de maní por quintales para la elaboración para su negocio, su razón para solicitar este préstamo es la falta de efectivo que no les permite crecer en su negocio y esto es un reto en su negocio ya que los clientes son pequeños productores, por lo que su capital es pequeño, ellos quieren desarrollar más aun sus empresas y va a utilizar los beneficios en seguir comprando material e insumos para su negocio que crezcan y así poder tener mejor calidad de vida.

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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,889,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sewenkani-25 Group's $950 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013