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Alfa Y Omega -31 Group
In this Group: Paolo Israel, Susan Fabiola, Alicia , Samuel, Simona Maria, Rosmery, Andrea, Galia Daniela
Alfa y Omega-31 Communal Bank is made up of four members, six women and two men. The president of the bank is Alicia, 49. She has three children, aged 14, 16, and 18, all of whom are studying in the university. Alicia makes a living selling a variety of staple items in her neighborhood store such as groceries, sweets, soda, and other things.

This loan is her second sequence with the institution. Alicia's going to use this loan to buy a variety of groceries to stock her business: rice, pasta, flour, and sugar wholesale. This way she'll offer her customers a variety of products.

Her reason for requesting this loan is to continue improving in her business. Alicia's going to use the profits to continue buying products and improving her income. Her desire for her business is to have a big store and give her customers better service.

Alicia's a very hardworking person. She's happy for this opportunity being given to her and her bank colleagues because in many cases they're people who get their families ahead by themselves.
View original language description ↓
El Banco de emprendimiento ALFA Y OMEGA -31 está compuesto por ocho integrantes seis mujeres y dos varones, la presidenta del banco es la Sra. Alicia tiene 49 años, tiene tres hijos de las edades de 14, 16 y 18 años, todos se encuentran estudiando en la universidad, La Sra. Alicia se dedica a la venta de variedad de artículos de primera necesidad como abarrotes, dulces, refrescos y variedad de artículos en su tienda de barrio, este préstamo es su segunda secuencia dentro de la institución, la Sra. Alicia va a usar este préstamo para la compra variedad de abarrotes para surtir su negocio como arroz, fideo, harina y azúcar por mayor para surtir su puesto de venta y de esta manera brindar variedad de productos a sus clientes, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Alicia va a utilizar los beneficios para seguir comprando productos y así mejorando sus ingresos, su deseo para su negocio es tener un almacén y así brindar un mejor servicio a su clientela. La Sra. Alicia 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

  • $5,500
    Average annual income
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfa Y Omega -31 Group's $4,275 loan helped a member to buy groceries and soda.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 13, 2012
Currency Exchange Loss:
Sep 17, 2013