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Illimani - 27 Group
In this Group: Cecilia, Norma Ivone, Delia Luz, Ana, Ernestina, Benita, Jesus Santos, Raquel
Norma is a 35-year old woman, single, and the mother of two children. She spends her time raising her two children who attend primary school where they are good students. They play football in any spare moment they have. Norma encourages her children in this activity and buys whatever they need: gloves, balls, and shirts with the names of their favorite teams. "My children are good students, and responsible too. For that reason I work hard so they lack for nothing and one day will fulfill their dreams," she says.

Norma sells fast food such as hot dogs, hamburgers, and fried chicken in the streets. She has a small cart with a propane gas stove. During the day she is busy preparing the food so that it is ready for the evening. Before the sun goes down she opens up her business so her customers know that she is about to start selling her wares. She remains there until she has sold all the food she prepared. Then she has to clean the stove and take it to a nearby garage for safe storage. She works every day of the week.

Norma thinks the time is ripe to expand her business and improve the quality of life of her children. Her plan is to rent a space for a fast food restaurant. This is why she is seeking a loan.
View original language description ↓
Norma es una mujer de 35 años de edad soltera y madre de 2 hijos
Su vida la ocupa trabajando para mantener a sus hijos, los niños estudian en la escuela primaria y son buenos alumnos, se ocupan de jugar futbol todo su tiempo libre.
Norma incentiva a sus hijos y les da todos sus gustos, compra guantes, balones y camisetas estampadas con sus equipos favoritos; “ Mis hijos son buenos estudiantes muy responsables y muy buenos hijos, por eso me esfuerzo al máximo para que no les falte nada y algún día puedan cumplir sus sueños”, comenta Norma.
Norma trabaja vendiendo comida rápida como; hot dog, hamburguesa y pollo frito en la calle, tiene un carrito con una pequeña cocina instalada a gas de garrafa.
Durante el día se ocupa de preparar la comida para que este lista acabando la tarde antes de que baje el sol ella abre su puesto callejero para la atención al público y se queda en el lugar hasta acabar por completo toda la comida que preparó, luego debe limpiar toda su cocina y transportarla a un garaje de autos cercano donde lo guarda, su trabajo no descansa ningún día de la semana.
Ella piensa que es momento de expandir su negocio y mejorar su calidad de vida para el bienestar de sus hijos, su plan consiste en alquilar un ambiente para utilizarlo como restaurante de comida rápida.
Por ese motivo Norma solicita un préstamo para alquilar un ambiente y utilizarlo como restaurante de comida rápida.

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
  • 86
    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 Illimani - 27 Group's $2,575 loan helped a member rent a space to use as a fast food restaurant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 6, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014