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Las Empresarias Group
In this Group: Lizeth Alizon, Ivonne Jackeline, Rolando Marcelo, Aracely Tatiana, Mery Mercedes, Juan, Gabriela Belen, Alicia Nancy
Communal bank “Las Empresarias” [Entrepreneur women] is composed of eight members; six women and two men. The bank’s president is Mery, 23, who sells cosmetics from a catalog. She works as a street vendor and sells her products by visiting private and public companies, and different neighborhoods.

This is her first loan with the institution. Mery will buy cosmetics that are on sale in order to stock her business. She is thinking of having a wider variety of products to satisfy her customers’ needs. Mery faces some challenges with her business, such as giving her customers a good service. The benefits from this loan will help her improve her family’s quality of life, being this the only activity she has to support herself and get ahead on her own.
View original language description ↓
El Banco de emprendimiento LAS EMPRESARIAS está compuesto por ocho integrantes seis mujeres y dos varones, la presidenta del banco es la Sra. Mery tiene 23 años, ella se dedica a la venta de cosméticos por catalogo, es promotora de productos de belleza ella vende de manera ambulante visitando instituciones públicas y privadas, barrios distintos domicilios ofreciendo sus productos, este préstamo es su primera secuencia dentro de la institución, la Sra. Mery va a usar este préstamo para comprar cosméticos que se encuentran en promoción para tener en stock para su negocio, su razón para solicitar este préstamo es tener variedad de productos para satisfacer a sus clientes, la Sra. Mery enfrenta retos en su negocio que son atender con eficiencia a sus clientes y va a utilizar los beneficios para mejorar su calidad de vida de su familia ya que esta es la única actividad que le permite mantenerse y salir adelante sola.


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

  • $2,817
    Average annual income
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Empresarias Group's $3,475 loan helped a member to buy beauty products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014