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Kanata Colca Group
In this Group: Maria Griselda, Lucy Wilma, Adrian, Edith, Ronald, Pascuala, Concepcion, Miguel Angel, Maribel
The community bank Kanata Colca is made up of nine members, six of whom are women. The president of the group is Lucy. She is a 51-year-old married woman with four children. She runs a food stall which is located at her home.

This is her first loan from this institution. She will use the funds in order to buy ingredients for food preparation at wholesale, such as potatoes, rice and noodles. This will enable her to build up her inventory and improve her sales. She is seeking this loan due to lack of working capital to buy ingredients.

Lucy wishes to grow her business. She is a hardworking person who is grateful to this institution for making it possible to receive this loan.
View original language description ↓
El Banco de emprendimiento KANATA COLCA está compuesto por nueve integrantes, seis mujeres y tres varones, , la presidenta del banco es la Sra. Lucy tiene 51 años casada con Cuatro hijos, ella se dedica a la venta de comida en su puesto de venta que se encuentra en su mismo domicilio, este préstamo es su primera secuencia dentro de la institución, la Sra. Lucy utilizara este préstamo para la compra de insumos para la elaboración de comida como papa, arroz y fideo al por mayor y así de esta manera mejorar sus ventas e incrementar su capital de trabajo su razón para solicitar este préstamo es la falta de capital para la compra de insumos, la Sra. Lucy va a utilizar los beneficios para seguir comprando cantidad de insumos, su deseo de la Sra. Lucy es crecer en su negocio, es una persona trabajadora se siente feliz y agradecida con la institución por el apoyo que le brindan en la otorgación del crédito.

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

  • $5,500
    Average annual income
  • 161
    View loans »
    Bolivia Loans Fundraising
  • $33,362,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kanata Colca Group's $4,000 loan helped a member to buy ingredients for food preparation at wholesale, such as potatoes, rice and noodles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 20, 2013
Jul 17, 2013
Currency Exchange Loss:
Jan 17, 2014