The 32-LAS GUERRILLERAS Bank has eight members, all of them women who earn their living in a variety of ways. President of the bank is Sra. Yesmi who is wearing a fuschia-coloured t-shirt in the photo. She is 24 years old and married with a 3-year old son. Yesmi earns her living selling clothing in the busy market of La Cancha.
This is Yesmi's first loan with the institution and she plans to use the money to buy merchandise. The biggest challenge she faces is competition. She will use the profits she makes to buy more goods and in this way generate more income; she has sole responsibility for supporting her family.
El banco de emprendimiento 32-LAS GUERRILLERAS está compuesto por ocho integrantes ocho mujeres, todos ellos se dedican a distintas actividades, la presidenta del banco es la señora Yesmi en la foto la de la polera rosada fuccia, tiene 24 años casada con un hijito de la edad de tres años, ella se dedica a la venta de ropa, ella vende sus productos de manera ambulante en la feria populosa de la Cancha, este préstamo es su primera secuencia dentro de la institución, la señora Yesmi va a usar este préstamo para compra de mercadería , la señora Yesmi enfrenta retos en su negocio que son la competencia y va a utilizar los beneficios en seguir comprando mercadería para ir mejorando su negocio así de esta manera genera más ingresos económicos ya que ella sola se encarga de mantener a su familia.
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.