The Entrepreneurial Bank Third of April is made up of 8 members, 7 women and 1 man, who work performing different activities. The president of the bank is Maribel, who is seated and wearing the pink t-shirt in the photo. Maribel is 37 years old and she has three children who are in school. She is a stylist. She visits homes to complete her work because she still does not have her own salon. Her clients know her and she is not lacking work because her work is high quality. She seeks the loan to buy hairstyling materials such as creams for hair, dyes, etc. to perform her work. Maribel is a very hardworking person. Her wish is to have her own beauty salon in order to increase her quantity of clients and to provide improved comfort to her clients. She is happy and thankful to the bank for the support it is providing to her.
El Banco de Emprendimiento 3 DE ABRIL está compuesto por ocho integrantes de los cuales siete son mujeres y un varón que se dedican a distintas actividades, la presidenta del banco es la Sra. Maribel en la foto es la de polera rosada, la que está sentada, la Sra. Maribel tiene 37 años y cuatro hijos que se encuentran en edad escolar, ella es estilista, visita domicilios para realizar su trabajo ya que todavía no tiene su propio salón, pero ya le conocen y no le falta trabajo, ya que según sus clientas su trabajo es de buena calidad, solicita el crédito para la compra de material de peluquería como cremas para cabello y tintes , etc. para la realización de su trabajo, la Sra. Maribel es un apersona muy trabajadora, su deseo es poder tener un salón de belleza para así incrementar su clientela y brindar mayor comodidad a sus clientes, se siente feliz y agradecida con la institución por el apoyo brindado.
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.