The SURGIR 22 lenders' bank is made up of nine members, six of them women and three men, all of whom are involved in a variety of businesses. The president of the bank is Mrs. Pétrona. She is 35 years old and provides phone services at her call center located in the 16 de Julio neighborhood. This loan will be her first with this lending institution and Mrs. Pétrona will use it to buy phone booths to grow her call center. Mrs. Pétrona faces challenges, namely competition from the other call centers located in the area. She will use this loan and her income to go on buying phone booths, phone cards, etc. She is happy and thankful for the opportunity that has been provided to her to improve her business.
El banco de emprendimiento SURGIR 22, está compuesto por nueve integrantes seis mujeres y tres varones, todas ellas se dedican a distintas actividades, la presidenta del banco es la señora Pétrona, tiene 35 años, ella se dedica al servicio de llamadas en su punto de llamadas que se encuentra ubicado en la zona 16 de Julio, este préstamo es su primera secuencia dentro de la institución, la señora Pétrona va a usar este préstamo para la compra de cabinas telefónicas para agrandar su punto de llamadas, la señora Pétrona enfrenta retos en su negocio que son la competencia ya que existen varios puntos de llamadas por la zona, ella va a utilizar los beneficios para seguir comprando cabinas, teléfonos tarjetas telefónicas, etc. se siente feliz y agradecida por esta oportunidad que le brindan para mejorar su negocio.
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.