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Sajama 27 Group
In this Group: Cristina , Jhoana, Angelica, Andrea Venancia, Olga Vitnera, Eunicia Zonia, Ever Wilmer, Gladys Jhanet
The Sajama 27 entrepreneurship bank is formed by eight members, seven women and one man. They make a living from a variety of businesses. The president of the bank is Cristina, who is 60 years old and married with two children who are already grown. She makes a living by selling traditional clothing for women. She sells her products at various markets in the city of El Alto.

This loan is her first sequence in the institution. Cristina is going to use this loan to buy clothing wholesale and thus stock her business. Her motivation for asking for this loan is to increase her merchandise. Cristina faces challenges in her business, such as competition, and she is going to use her profits to keep buying merchandise. In this way she will generate more financial earnings. She feels happy and grateful for this and for her fellow group members, as in many cases people have to get their families ahead on their own.
View original language description ↓
El banco de emprendimiento SAJAMA 27, está compuesto por ocho integrantes siete mujeres y un varón, todas ellas se dedican a distintas actividades, la presidenta del banco es la señora Cristina tiene 60 años casada con dos hijos ya mayores de edad, ella se dedica a la venta de ropa para mujeres de pollera, ella vende sus productos en distintas ferias de la ciudad de El Alto, este préstamo es su primera secuencia dentro de la institución, la señora Cristina, va a usar este préstamo para compra de ropa al por mayor y así surtir su negocio, su razón para solicitar este préstamo es incrementar su mercadería, la señora Cristina enfrenta retos en su negocio que son la competencia y va a utilizar los beneficios en seguir comprando mercadería y así de esta manera genera más ingresos económicos, se siente feliz ya agradecida por ella y por sus compañeras de grupo ya que en muchos caso sacan solas adelante a su familias.

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

  • $5,500
    Average annual income
  • 205
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sajama 27 Group's $4,550 loan helped a member to buy traditional clothing for women wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014