Check out some available loans that are similar to this one!
Existosas Group
In this Group: Fabiola, Hortensia, Hirene, Celida, Lorena, Virginia, Patricia, Delia
The communal bank "EXISTOSAS" is composed of eight members, all of them women. The group's members work in different activities. The bank's president is Ms. Celida, who in the photo is wearing a brown blouse. She is 31 years old and has two children, aged 8 and 12. Her work is selling sandwiches and packed lunches from her sales stand. Celida gets up early in the morning to prepare her sandwiches and also to make lunch for her family. After this, she goes out to sell her products during the morning. With the funds from the loan, Celida will buy supplies to prepare her packed lunches. Celida is a responsible and hard-working person. She is grateful to the institution for the economic support provided to her so that she can have a better quality of life and continue getting ahead for the well-being of her family.
View original language description ↓
El Banco de emprendimiento EXISTOSAS, Está compuesto por ocho integrantes todas mujeres, los integrantes del grupo se dedican a distintas actividades la presidenta del banco es la Sra. Celida en la foto es la que tiene la blusa café, tiene 31 años tiene dos hijos de las edades de 8, y 12 años, su actividad es la venta de refrigerios y sándwich en su puesto de venta, la Sra. Celida se levanta desde tempranas horas de la mañana para elaborar sus sándwich y también para prepara el almuerzo para su familia, después sale a vender todo esto por la mañana, con el dinero del crédito la Sra. Celida comprara insumos para la elaboración de sus refrigerios, la Sra. Celida es una persona responsable y trabajadora esta agradecida con la institución por el apoyo económico que le brinda para tener una mejor calidad de vida y seguir adelante superándose por el bienestar de su familia.

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Existosas Group's $3,850 loan helped a member to buy supplies to prepare the packed lunches she sells.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014