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Mujeres Vencedoras Group
In this Group: Yolanda, Edwin, Maria, Jorge Luis, Yesenia, Fidelia, Erica, Maria
The communal bank Mujeres Vencedoras is made up of 8 members, 6 women and 2 men.

The president of the bank is Yolanda. She is 58 years old and has a 13 year old child. She works selling various products in her neighborhood store which is located in the Puente Topater area.

This is her first loan with the institution. She is going to use the loan to buy a variety of products such as cookies, sweets, groceries and drinks in order to supply her store. Since her store is in a good location she has lots of sales.

Yolanda faces challenges in her business since it is competitive as there are other stores in the area that sell the same products that she does. Her desire for her business is to continue increasing earnings and that her business continues growing. She feels happy and grateful to the institution for its support.
View original language description ↓
El Banco de emprendimiento MUJERES VENCEDORAS está compuesto por ocho integrantes seis mujeres y dos varones, la presidenta del banco es la Sra. Yolanda tiene 58 años, y un hijo de la edad de 13 años, ella se dedica a la venta de variedad de productos en su tienda de barrio que se encuentra en la zona de Puente Topater, este préstamo es su primera secuencia dentro de la institución, va a usar este préstamo para la compra de variedad de productos como galletas, dulces, abarrotes y refrescos para surtir su tienda ya que por la buena ubicación tiene mucha venta, La Sra. Yolanda enfrenta retos en su negocio que son la competencia ya que existen varias tiendas en la zona que venden los mismos productos que ella, su deseo para su negocio es de seguir vendiendo incrementando sus ganancias para seguir creciendo en su actividad, 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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Vencedoras Group's $3,050 loan helped a member to buy merchandise to supply her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014