The communal bank Venus - 32 is made up of ten members, seven women and three men. The bank president is Abigail. She is 22 years old and has a small son who is 2 years old.
Abigail has had as her activity the sales of car accessories for quite awhile. She has her accessory store in the area of Siles. This place is very popular with drivers who perform maintenance on their vehicles.
This loan is the first sequence with the institution. Abigail is going to use this loan to buy accessories and spare parts to stock her store and thus be able to give her clients better service and increase her profits. Her reason for the loan is to continue improving her business.
Abigail is going to use the profits to continue buying accessories. Abigail is a very hardworking person. She feels happy for the opportunity given to her and her companions in the group since in some cases they maintain their families alone.
El Banco de emprendimiento VENUS – 32 está compuesto por diez integrantes siete mujeres y tres varones la presidenta del banco es la Sra. Abigail tiene 22 años y tiene un hijito de la edad de 2 años, La Sra. Abigail tiene la actividad de venta de accesorios para movilidad desde hace ya bastante tiempo tiene su tienda de accesorios que se encuentra en la zona Siles en este lugar es muy concurrido por choferes que realizan el mantenimiento de sus vehículos, este préstamo es su primera secuencia dentro de la institución, la Sra. Abigail va a usar este préstamo para la compra de accesorios y repuestos para surtir su tienda y así de esta manera brindar un mejor servicio a sus clientes e incrementar sus ganancias, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Abigail va a utilizar los beneficios para seguir comprando accesorio la Sra. Abigail es una persona muy trabajadora se siente feliz por la oportunidad brindada a ella ya sus compañeras de grupo ya que en algunos casos mantienen solas a sus familias.
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.