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Los Andes Group
In this Group: Maria Cristina, Silvia Patricia, Rosario, Alan Daniel, Danny Gabriela, Bania, Cecilia, Monica, Olga, Siseli, Maria Claudia, Elba
The communal bank Los Andes has twelve members, eleven women and one man. Its chairperson is Maria, who appears in the photo wearing a blue jacket. She is 46 years old and has three children who go to school. She works selling clothes according to the season, selling her products in her stall.

This is her first loan with this institution, and Maria will use it to buy wholesale garments such as sweaters and jackets so that she can stock her business for the cold season. This season is characterized by a lot of sales and even orders. The reason why she is requesting this loan is that she lacks capital. Maria faces challenges to her business such as the daily competition. She will use the loan to buy more merchandise.

Her wish is for her business to be well stocked so that she can offer her clients a variety of products. Maria is happy and grateful to the institution for its support, since it helps her to improve in her business.
View original language description ↓
El Banco de emprendimiento LOS ANDES está compuesto por doce integrantes, once mujeres y un varón, la presidenta del banco es la Sra. Maria en la foto la de chamarra azul, ella tiene 46 años y tres hijos que se encuentran estudiando, ella se dedica a la venta de ropa según la temporada, ella vende sus productos en su puesto de venta, este préstamo es su primera secuencia dentro de la institución, la Sra. Maria va a usar este préstamo para la compra de ropa por mayor como chompas y chamarras para surtir su negocio ya que se acerca la época de frio, y esta época tiene mucha venta e incluso pedidos , su razón para solicitar este préstamo es falta de capital, la Sra. Maria enfrenta retos en su negocio que son la competencia diaria, va a utilizar los beneficios en comprar más mercadería, su deseo para su negocio tener mercadería surtida para ofrecer variedad de productos a su clientes, la Sra. Maria se siente feliz y agradecida con la institución por el apoyo brindado ya que le permite mejorar en su negocio.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $33,237,800
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Andes Group's $4,425 loan helped a member to buy wholesale garments, such as jackets and sweaters.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 22, 2013
Aug 21, 2013
Currency Exchange Loss:
Feb 17, 2014