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Nueva Estrella Group
In this Group: Lucio, Cindy Sofia, Franklin, Gabriela, Monica, Esperanza, Jonny Raul, Nancy Rosario
The NUEVA ESTRELLA entrepreneurial bank is made up of five women and three men. Gabriela is the bank’s president and she has a restaurant in the Tembladerani area. This will be her first loan through the institution and Gabriela will use the money to buy tables and chairs so she can expand her restaurant and in this way provide a more comfortable atmosphere for her customers. She is asking for this loan so that she can improve her business. Gabriela will use these benefits to buy ingredients and therefore improve her income. She would like to have a chain of restaurants and provide better customer service. Gabriela is a hardworking person who is happy for this opportunity.
View original language description ↓
El Banco de emprendimiento NUEVA ESTRELLA, Está compuesto por ocho integrantes cinco mujeres y tres varones, la presidenta del banco es la Sra. Gabriela, ella se dedica a la venta de comida en restaurante que se encuentra en la zona de Tembladerani, este préstamo es su primera secuencia dentro de la institución, la Sra. Gabriela va a usar este préstamo para la compra de mesas y sillas para la ampliación de su restaurante y así de esta manera brindar mayor comodidad a sus clientes, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Gabriela va a utilizar los beneficios para seguir comprando insumos y así mejorando sus ingresos, su deseo para su negocio es tener una cadena de restaurantes y así brindar un mejor servicio a su clientela, la Sra. Sra. Gabriela es una persona muy trabajadora se siente feliz por la oportunidad brindada.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Estrella Group's $3,475 loan helped a member to buy tables and chairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 26, 2014