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Senda De Vida Group
In this Group: Roly, Felipa, Cristian, Libertad, Karina Rosario, Maria Luz, Edwin, Viviana Ximena, Soledad Betty
The communal bank Senda de Vida is made up of nine members, 6 women and 3 men. All of them work in different activities.

The president of the bank if Felipa. She is 44 years old, and has 2 children who are 8 and 12 years old. She works in food sales. She sells pork rinds and has been doing this for a long time. She has a food stall which is located at her residence which is in the area of Satélite.

This is her first sequence with the institution. Felipa is going to use this loan to buy supplies for making dishes including fish, freeze-dried potatoes, potatoes, and corn in bulk. Felipa is going to use the profits to continue buying supplies to prepare her delicious dishes.

She feels happy and grateful for this opportunity that is offered to her as this is the only activity she dedicates herself to as it is a family business.
View original language description ↓
El banco de emprendimiento SENDA DE VIDA, está compuesto por nueve integrantes seis mujeres y tres varones, todas ellas se dedican a distintas actividades, la presidenta del banco es la señora Felipa, tiene 44 años y dos hijos de 8 y 12 años, ella se dedica a la venta de comida ella vende chicharrón de cerdo desde hace mucho tiempo se dedica a esta actividad, vende en su puesto de venta que se encuentra que se encuentran ubicado en su mismo domicilio que es en la zona de Satélite, este préstamo es su primera secuencia dentro de la institución, la señora Felipa va a usar este préstamo para la compra de insumos para la elaboración del pescado como chuño, papa y maíz al por mayor, la señora Felipa la va a utilizar los beneficios para seguir comprando insumos para preparar sus riquísimos platillos, se siente feliz y agradecida por esta oportunidad que le brindan ya que esta es la única actividad a la que se dedica ya que es un negocio familiar.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 85
    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 Senda De Vida Group's $3,700 loan helped a member to buy food supplies to be used in her chicharron stall.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 30, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014