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Patino-Vc 25 Group
In this Group: Celia , Doris Elena
The solidarity group "Patino Communal Bank 25" has two members, both women. The group's coördinator is Celia who is sixty years old, married and has two children (both of whom are now independent). Celia makes a living selling clothes in the Los Yungas province of the city of La Paz. This loan is the third sequence with the institution. Celia will use it to invest in buying clothes in bulk. The reason she is applying for this loan is that she does not have enough capital. Celia is facing challenges to her business, such as competition and she will use the profits to continue buying seasonal clothing. Celia is a very hard-working person and she feels very happy and grateful to the institution for the support being provided.
View original language description ↓
El Grupo Solidario PATINO-VC 25 está compuesto por dos integrantes todas mujeres, La coordinadora del grupo es la Sra. Celia tiene 60 años, casada y tiene 2 hijos ya independientes, ella se dedica a la venta de ropa en la provincia de los Yungas de la ciudad de La Paz, Este préstamo es la tercera secuencia dentro de la institución la Sra. Celia va a usar este préstamo para Invertir en la compra de ropa por mayor, Su razón para solicitar este préstamo por la falta de capital, la Sra. Celia enfrenta retos en su negocio que son la competencia y va a utilizar los beneficios en seguir comprando ropa de temporada, la Sra. Celia es una persona muy trabajadora se siente feliz y agradecida con la institución por el apoyo brindado.

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
  • 117
    View loans »
    Bolivia Loans Fundraising
  • $28,261,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Patino-Vc 25 Group's $2,050 loan helped a member to buy seasonal clothing in bulk.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013