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Taypi Marka * 26 Group
In this Group: Yolanda, Esteban Teodoro, Miguel Angel, Vicenta, Rosse Mery, Paola Laura, Eva, Rolando Walter
The TAYPI MARKA *26 entrepreneurial bank is made up eight members, five women and three men, all with different businesses. Yolanda is the bank’s president. She is 46 years old, married, and has been doing embroidery for some time. She learned this activity from her parents who were also artists. This will be her first loan through the institution and she will use the money to buy fabric and thread. Yolanda faces challenges in that the work is a bit tedious to do by hand. She will use the benefits to continue improving her work and her goal is to set up a store where she can work strictly on order and then deliver to her customers. In this way she hopes to improve her income.
View original language description ↓
El banco de emprendimiento TAYPI MARKA * 26, está compuesto por ocho integrantes cinco mujeres y tres varones, todos ellos se dedican a distintas actividades, la presidenta del banco es la señora Yolanda, tiene 46 años y es casada, ella se dedica al bordado de artesanías, se dedica a esta actividad hace bastante tiempo aprendió esta actividad de sus padres que también eran artesanos, este préstamo es su primera secuencia dentro de la institución, va a usar este préstamo para la compra de telas e hilos para el bordado de sus artesanías, la señora Yolanda enfrenta retos en su negocio que son que el trabajo es un poco moroso por realizarlo manualmente, Va a utilizar los beneficios en seguir mejorando su trabajo, su deseo para su negocio es ampliar la venta poniendo una tienda donde pueda exponer su trabajo ya que ahora solo lo realiza a pedido y entrega a distintos lugares donde le hacen pedidos y así de esta manera mejorar sus ingresos.

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

  • $5,500
    Average annual income
  • 235
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Taypi Marka * 26 Group's $5,650 loan helped a member to buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014