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Kantati * 26 Group
In this Group: Lucila, Bertha, Raul, Victor Geronimo, Mary Luz , Noemy, Remigia, Hervin Sandi
The Entrepreneurship Bank KANTATI * 26 is composed of eight members: five women and three men. The bank president Lucila is 56 years old and has two adult children. Lucila sells a variety of essential items such as groceries and various other items in her neighbourhood store. This loan is their first within the institution. Lucila will use this loan to purchase variety of groceries to stock her business, such as wholesale rice, noodles, flour and sugar and thus provide variety of products to their customers. Their reason for applying for this loan is to keep improving their business. Lucila will use the profits to continue purchasing products, thereby improving their income. Lucila is a very hardworking person, and feels happy and grateful to the institution for the support given to her and her team members.
View original language description ↓

El Banco de emprendimiento KANTATI * 26, Está compuesto por ocho integrantes cinco mujeres y tres varones, la presidenta del banco la Sra. Lucila tiene 56 años, tiene dos hijos ya mayores de edad la Sra. Lucila se dedica a la venta de variedad de artículos de primera necesidad como abarrotes, y variedad de artículos en su tienda de barrio, este préstamo es su primera secuencia dentro de la institución, la Sra. Lucila va a usar este préstamo para la compra variedad de abarrotes para surtir su negocio como arroz, fideo, harina y azúcar por mayor y de esta manera brindar variedad de productos a sus clientes, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Lucila va a utilizar los beneficios para seguir comprando productos y así mejorando sus ingresos, la Sra. Lucila es una persona muy trabajadora se siente feliz y agradecida con la institución por el apoyo brindado a ella y a sus compañeras de grupo.

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
  • 134
    View loans »
    Bolivia Loans Fundraising
  • $33,143,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantati * 26 Group's $3,700 loan helped a member to purchase wholesale groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 13, 2013
Sep 13, 2013
Currency Exchange Loss:
Mar 17, 2014