Check out some available loans that are similar to this one!
Urkupiña - 27 Group
In this Group: Michael, Leny Lisett, Benigna, Maria Elena, Catalina , Mary Isabel, Celia, Faviola
The enterprise bank Urkupiña 27 is comprised of 8 members - 7 women and one man. The members of the bank work in various trades. The president of the bank is 50 year old Catalina, who is married with 3 children who are 24, 19, and 15 years old. She works selling sweaters the the different markets in the city of El Alto. This loan is her second with the bank. Catalina will use the loan to buy supplies of sweaters for her business wholesale. She is requesting the loan to increase her capital. Catalina faces challenges in her business, particularly meeting her customers' requirements and she is going to use the profits to reinvest in her business.
View original language description ↓
El banco de emprendimiento URKUPIÑA – 27 está compuesto por ocho integrantes, siete mujeres y un varón, los socios de este banco se dedican a distintas actividades, la presidenta del banco es la Sra. catalina tiene 50 años es casada con 3 hijos que son de las edades de 24, 19 y 15años, ella se dedica a la venta de chompas en las distintas feria de la ciudad de El Alto, este préstamo es su primera secuencia dentro de la institución, la Sra. Catalina va a usar este préstamo para compra de mercadería chompas por mayor, para su negocio, su razón para solicitar este préstamo es incremento de capital. La Sra. Catalina enfrenta retos en su negocio que son satisfacer las exigencias del cliente y va a utilizar los beneficios en reinvertir en el 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

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Urkupiña - 27 Group's $3,350 loan helped a member to buy sweaters wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 27, 2014