Emprendedoras del Mañana - 31 Communal Bank is made up of 10 members, seven women and three men.
The president of the bank is Giovanna. She's 24 years old and has two children, ages 4 and 5. She works making catalogue sales of perfume, cologne, and cosmetics. She promotes beauty products. She sells her products on foot, visiting public and private institutions and different neighborhoods and homes.
This loan is her third sequence with the institution. Giovanna's going to use this loan to buy wholesale perfume and cologne that's on sale so she has stock for her business. She's requesting the loan to have a variety of products to satisfy her customers.
The challenges Giovanna faces in her business are serving her customers efficiently. She's going to use her profits to improve her family's quality of life, because this is the only job that lets her support herself and get ahead alone.
Giovanna is happy, and she's grateful to the institution for the help they've given to her and her colleagues because in many cases they get their families ahead, just as she does.
El Banco de emprendimiento EMPRENDEDORAS DEL MAÑANA - 31, Está compuesto por diez integrantes siete mujeres y tres varones, la presidenta del banco es la Sra. Giovanna tiene 24 años dos hijos de las edades de 4 y 5 años, se dedica a la venta de perfumes y colonias y cosméticos por catalogo, es promotora de productos de belleza ella vende de manera ambulante visitando instituciones públicas y privadas, barrios distintos domicilios ofreciendo sus productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Giovanna va a usar este préstamo para comprar perfumes y colonia por mayor que se encuentran en promoción para tener en stock para su negocio, su razón para solicitar este préstamo es tener variedad de productos para satisfacer a sus clientes, la Sra. Giovanna enfrenta retos en su negocio que son atender con eficiencia a sus clientes y va a utilizar los beneficios para mejorar su calidad de vida de su familia ya que esta es la única actividad que le permite mantenerse y salir adelante sola, la Sra. Giovanna se siente feliz y agradecida con la institución por el apoyo brindado a ella y a sus compañeras de grupo ya que en muchos casos al igual que ella sacan adelante a su familia.
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.