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16 De Julio - 32 Group
In this Group: Martina, Nelly Silvia, Rolando, Maria Elena, Rosa , Herminia, Cinthia Silvia, Margarita, Elena Rosario
The community bank "16 DE JULIO – 32" is comprised of 9 members, eight of whom are women.

The president of the bank is Nelly, who is 26 and has a 5-year-old son. She sells shoes through catalogs. She sells door-to-door, selling her products in public and private institutions and homes in various neighborhoods.

This is her first loan with this institution. She will use the funds to buy shoes that are currently on sale so that she can have inventory for her business. Since it is the end of the year, demand is increasing and she has many orders to fulfill. Her reason for seeking this loan is so that she can have a variety of products in order to meet her customers' needs. She faces challenges in her business, such has how to attend to her customers efficiently.

She will use her earnings to improve her family's quality of life. This business is her only source of income to support herself and her family.
View original language description ↓
El Banco de emprendimiento 16 DE JULIO – 32 está compuesto por nueve integrantes ocho mujeres y un varon la presidenta del banco es la Sra. Nelly tiene 26 años y tiene un hijito de la edad de 5 años, La Sra. Nelly se dedica a la venta de zapatos por catalogo, es promotora, ella vende de manera ambulante visitando instituciones públicas y privadas, barrios distintos domicilios ofreciendo sus productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Nelly va a usar este préstamo para comprar zapatos que se encuentran en promoción para tener en stock para su negocio ya que esta época de fin año su demanda se incrementa ya que tiene muchos pedidos que entregar, su razón para solicitar este préstamo es tener variedad de productos para satisfacer a sus clientes, la Sra. Nelly enfrenta retos en su negocio que son atender con eficiencia a sus clientes y va a utilizar los beneficios para mejorar su calidad de vida de su familia ya que esta es la única actividad que le permite mantenerse y mantener a su familia.

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
  • 167
    View loans »
    Bolivia Loans Fundraising
  • $33,362,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 16 De Julio - 32 Group's $3,700 loan helped a member to buy footwear at wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 24, 2012
Dec 13, 2012
Currency Exchange Loss:
Jun 17, 2013