The communal bank 33- LOS AMIGOS MAS 1 is made up of eight members, five women and three men. The president of the bank is Zulema, who has a young child. She sells seasonal orders on credit, according to what she believes will sell and at times by customer order as she visits various markets in the area offering her products. This loan is her first of a sequence within the institution. Zulema is going to use the loan to buy merchandise such as comforters and blankets to stock a variety of products. Her reason for asking for a loan is because she doesn't have the savings right now. Zulema has challenges in her business as the cold season is rather strong in the area where she lives and she has to go offer the merchandise and this is a slight disadvantage, but nonetheless she leaves during the early morning hours and is going to use the funds to buy comforters, blankets, and articles that will provide warmth for the season in which we find ourselves.
El Banco de emprendimiento 33- LOS AMIGOS MAS 1, Está compuesto por ocho integrantes cinco mujeres y tres varones, la presidenta del banco es la Sra. Zulema tiene un hijo pequeño, ella se dedica a la venta de artículos de temporada a crédito, según lo que crea conveniente vender y a veces por pedido que ella visita distintos mercados de la zona ofreciendo sus productos, Este préstamo es su primera secuencia dentro de la institución, la Sra. Zulema va a usar este préstamo para la compra de Mercadería como edredones y frazadas para surtir la variedad de sus productos, su razón para solicitar este préstamo es porque la cliente no cuenta con reservas de dinero para estas fechas, la Sra. Zulema enfrenta retos en su negocio que son La época de frío es demasiado fuerte por esta zona donde vive y ella tiene que ir ofreciendo su mercadería y esto le perjudica un poco, pero igual sigue saliendo a tempranas horas de la mañana y va a utilizar los beneficios en comprar edredones, frazadas y artículos que sean abrigadores por la época en la que nos encontramos.
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.