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Buenas Emprendedoras - 26 Group
In this Group: Thelma , Rosa , Karina, Jimena Sofia, Claudia Alicia, Emma Virginia , Carlos, Lucy Isabel, Quintin Made
Buenas Emprendedoras--26 Communal Bank is made up of nine members, six women and two men who make a living in different jobs. The president of the bank is Emma, 47. She earns a living in dressmaking and sewing garments by hand. Her shop is in the Pasankeri area.

This loan is Emma's first sequence with the institution. She's going to use it to buy fabric, thread, and other supplies for her business. She's requesting the loan because she lacks the cash she needs to grow in her business.

This is a challenge in her business because demand rises during this season and she has to work more to earn more income. She's going to use the profits to continue buying materials and supplies for her business, so it will grow. This way she'll have a better quality of life.
View original language description ↓
El Banco de Emprendimiento BUENAS EMPRENDEDORAS – 26 está compuesta por nueve integrantes de los cuales siete son mujeres y dos varones que se dedican a distintas actividades, la presidenta del banco es la Sra. Emma, tiene 47 años casada, se dedica a la confección y costura de prendas de vestir de manera artesanal, tiene su taller en la zona de Pasankeri, este préstamo es su primera secuencia dentro de la institución la Sra. Emma va a utilizar este préstamo para la compra de tela, hilo y otros para su negocio su razón para solicitar este préstamo es la falta de efectivo ya que esto no les permite crecer en su negocio y esto es un reto en su negocio ya que en estas fechas se incrementa su demanda y tiene que trabajar mas para generas mas ingresos 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

  • $2,817
    Average annual income
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buenas Emprendedoras - 26 Group's $4,850 loan helped a member to buy fabric wholesale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013