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Communal Bank "gosalvez" Group
In this Group: Catalina, Agustina, Guillermo*, Paulina, Juana Sabina, Sofía, Dominga, Teodora*, Flora, Irene
* not pictured
The communal bank GOSALVEZ began activities with twelve members. They live in the zone with the same name, Gosalvez, in the village of Nuevo Potosí which is an area located on the western slope of the city of La Paz. This hillside is characterized by having migrants from the high plains region. In this zone they are generally dedicated to commerce, services and also to production, and most of the members work along these lines.



The communal bank GOSALVEZ has worked with our institution for five cycles, having funded itself on January 10, 2007. Currently, the group consists of ten members with a management team as follows:



- President Catalina L.
- Treasurer Paulina M. Q.
- Secretary Sofia V. A.



It must be highlighted that the group works with great solidarity, companionship and responsability; they learned how to save within the organization, given that in our country it is very difficult because of the social and economic situation we are going through. The reasons that motivate them to work with this type of credit, as the women indicate, is that within the association they have a safe haven where they find motivation, fraternization, a space where they feel heard and can talk about their personal issues. They later leave feeling renewed and able to again face all of their problems.



Catalina L. Condori: Has as her primary activity sales from a store that is located in her home. She lives with her husband who earns his wages as a taxi driver. Since their family does not count on a fixed income, they have turned to loans from the institution and one of this woman’s dreams is to see her children become professionals. One of them is in sergeant’s school, and the other is still in secondary school.



Agustina M. Q.: Has as her primary activity the sale of lubricants and production of blankets in her own home. This woman, with effort and sacrifice, works together with her husband to support their four children. Thanks to the loan granted by the institution, she has been able to buy equipment for making blankets and that way increase her working capital.



Guillermo M. N.: Has his own business making footwear in his own home. His wife has as her primary activity food sales in the zone of Chijini. Despite the fact that they both work, their income wasn’t enough to be able to save. However, with the loan they were granted by the institution they were able to increase their capital and save for their children as they have hope to see them get ahead.



Paulina M. Q.: Mother of four children, she is an employee of a butcher’s shop. She earns a minimal wage which did not meet the family’s financial needs, which is why she decided to join her husband in making footwear to offer for sale. The loan granted by Emprender increased her working capital and, in turn, her production and income which simultaneously helped improve her economic situation.



Juana Sabina T. N.: Has as her principal activity the making and sale of jackets. Despite the fact that she is still a single young woman, she is in charge of caring for her parents and brothers and therefore finds herself as the head of household. Thanks to the loan granted her, she has managed to produce jackets for both men and women of different sizes. Before, she was lacking in raw materials which was a difficulty. One of her dreams is to one day have her own store and to be able to export her designs.



Sofia V. A.: Has as her principal activity the sale of undergarments and socks. Given that she does not count on a fixed wage, her income was not sufficient. She sought a loan to help her to increase and diversify her products. Her principal objective is to be able to save so she can buy her own plot of land.



Dominga N. A.: Dedicates herself to the sale of aprons, and finds herself in charge of supporting her five children. The only income with which the family can count on is hers, since the children are still in school. With the loan granted her, it has become a possibility that this woman might be able to buy her own stand and a stock of merchandise.



Teodora Q. Cayo: Has as her activity the fabrication and sale of footwear, and she also cares for her six children given that the father is in a rural area. It is for this reason that she assumed the expenses and responsibilities of the home. Her dream is to be able to have a store and increase her capital, in order to produce her shoes for men, women and children.



Flora R. M.: This woman has as her principal activity the sale of fruit. She has a large family, and their income is dependent on her. With the loan from the institution she has managed to increase her capital, and in that way purchase more seasonal products and improve the financial situation for herself and her children.



Irene C. M.: This woman works tending to a public restroom, and her husband earns his wages as a chauffer. The family’s income is minimal, and does not cover their basic needs. With her loan, she has managed to purchase gifts which she sells in various locales close to her work and in this way try to improve their very difficult economic situation.

View original language description ↓
El Banco de Emprendimiento GOSALVEZ, inició actividades con doce socias, las mismas tiene su domicilio en la zona del mismo nombre, Gosalvez en la Villa Nuevo Potosí, Zona que se encuentra en la ladera oeste de la ciudad de La Paz, esta ladera se caracteriza por tener vecinos migrantes del altiplano, en esta zona generalmente se dedican al comercio, servicio y también a la producción y por ende la mayoría de las socias se dedican a estos rubros.

El Banco de emprendimiento GOSALVEZ trabaja con nuestra Institución cinco ciclos, habiéndose fundado el 10 de enero de 2007, actualmente se mantienen en el grupo 10 socias, teniendo como mesa directiva:

- Presidenta Catalina L.
- Tesorera Paulina M. Q.
- Secretaria Sofia V. A.

Se debe resaltar que el grupo trabaja con mucha solidaridad, compañerismo y responsabilidad; aprendieron al interior de la asociación a ahorrar, hecho que en nuestro país es muy difícil por la misma situación social y económica que atravesamos. Las razones que las motiva a trabajar en este tipo de crédito, es que las señoras indican, que al interior de la asociación encuentran un espacio de esparcimiento, motivación, confraternización, un espacio donde se sienten escuchadas y pueden hablar de sus problemas personales, para luego salir y poder nuevamente hacer frente a todos sus problemas

Catalina L. Condori : Tiene como actividad principal la venta en una tienda que esta ubicada en su propio domicilio, vive con el esposo que se dedica a la actividad de transporte libre (taxi) como asalariado, como su familia no cuenta con un ingreso fijo ellos han acudido a prestamos de la institución y una de las aspiraciones de la señora es ver a sus hijos profesionales, uno de ellos se encuentra en la escuela de sargentos, el pequeño se encuentra recién en secundaria.

Agustina M. Q.: Tiene como una actividad principal la venta de lubricantes y la elaboración de mantas en su propio domicilio. La señora con el esfuerzo y sacrificio de su trabajo juntamente con su esposo, mantienen a sus cuatro hijos. Gracias al préstamo otorgado por la institución a podido comprar equipo de trabajo para la elaboración de mantas y así aumentar su capital de trabajo.

Guillermo M. N.: Tiene su propio negocio de elaboración de calzados en su propio domicilio, su esposa tiene como actividad principal la venta de comida en la zona de Chijini, pese a que los dos trabajan sus ingresos no le alcanzaban para poder ahorrar pero con el préstamo que se hicieron de la institución pudieron incrementar su capital y poder ahorrar para sus hijos ya que ellos ansían verlos superados.

Paulina M. Q.: Madre de cuatro hijos, es empleada de una carnicería, el sueldo que ella percibe es mínimo por lo que no le alcanza para cubrir sus gastos familiares, es por este motivo que cual conjuntamente con su esposo elaboran calzados para la venta El préstamo otorgado por Emprender posibilito aumentar su capital de trabajo y por tanto su producción e ingresos, que a su vez mejoro su situación económica.


Juana Sabina T. N.: Tiene como principal actividad la elaboración y venta de chamarras, pese a que ella es una joven soltera, la misma se encuentra al cuidado de sus padres y sus hermanos, por lo que se ha constituido en la jefe de su hogar. Gracias al préstamo concedido a logrado elaborar chamarras para hombres y mujeres en diferentes tallas, lo que antes por falta de materia prima era difícil, uno de sus sueños es poder tener una tienda propia y poder exportar sus diseños.

Sofia V. A.: Tiene como principal actividad la venta de ropa interior y medias, como no cuenta con un sueldo fijo y sus ingresos no le alcanzan, solicito préstamo para poder incrementar y diversificar sus productos. Tiene como principal objetivo el poder ahorrar para comprar su propio lote.

Dominga N. A.: La Sra. se dedica a la venta de mandiles, se encuentran a su cargo sus 5 hijos, los únicos ingresos con los que cuenta la familia es de la madre, ya que los hijos se encuentran estudiando, con el préstamo otorgado se ha posibilitado que la Sra. pueda comprar su propio puesto y tener un stock en mercadería.

Teodora Q. Cayo: Tiene como actividad la fabricación y venta de calzados, están bajo su cuidado sus 6 hijos, ya que el padre se encuentra en el área rural, es por este motivo que ella asumió los gastos y responsabilidades de su hogar. Su sueño es poder tener una tienda y aumentar su capital, para fabricar zapatos para caballeros ,damas y niños.

Flora R. M.: La Sra tiene como principal actividad la venta de frutas, tiene una familia numerosa, los ingresos de la familia dependen de la jefa de hogar. Con el préstamo de la institución a logrado aumentar su capital y así poder comprar más productos de la temporada y mejorar su situación económica de ella y sus hijos.

Irene C. M.: La Sra trabaja en la atención de un baño publico, su esposo trabaja como chofer asalariado, sus ingresos familiares son mínimos y no llegan a cubrir sus necesidades básicas. Con el préstamo la Sra. ha logrado comprar regalos que son vendidos en los locales que se encuentran cerca de su trabajo y así poder mejorar su situación económica que era muy difícil.

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

  • $2,817
    Average annual income
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Communal Bank "gosalvez" Group's $2,300 loan helped a member purchase of raw materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 8, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009