This community bank is composed of 18 members and the majority of its clients sells cattle, clothes, cosmetics, fruits and food in general. LIDIA I. C. is the bank's entrepreneurship leader and one of its founders. Lidia lives in the 9th Kilometer's Arco Iris municipality, situated in El Torno in the department of Santa Cruz. She owns her own home and from that location she has been selling cooked food for the past two years. Her husband, Mr. German Moncada, is engaged in urban transportation. Their main objective is to purchase their own vehicle. HERNAN L. is the community's bank secretary. He lives in Arco Iris in a rented house and, for the past ten years, he has maD. urban transportation his business activity. Mr. Hernan is in his fifth loan cycle with this community bank and during this period of time he has demonstrated to be a responsible person (eventually, he was named the bank's treasury officer.) His wife, Mrs. Neneth Soruco, sells and fabricates ornaments that are sold in the same neighborhood where she lives. INGRID V. A. is also the bank's secretary and she lives in the same municipality previously mentioned. Mrs. Cuenta owns her home and she has worked for a hair salon for the past two years. She has two sons and lives with her husband who is as a driver. Her objective is to be able to save some money to open up her own hair salon.
Es un banco comunal compuesto por 18 personas, la mayoría D. los clientes se dedican al comercio D. ganado, ropa, cosméticos, frutas y venta D. comidas.
LIDIA I. C..- Es la líder del banco D. emprendimiento, es una D. las fundadoras del banco.
La Sra. Lidia vive en el barrio Arco Iris del km.9, D. la localidad D. El Torno en el Departamento D. Santa Cruz, cuenta con casa propia, tiene como actividad la venta D. comida actividad que viene realizando desD. hace 2 años en su mismo domicilio.
Su esposo el Sr. German Moncada se dedica al transporte urbano. El objetivo D. ambos es comprarse un vehiculo propio.
HERNAN L.- Es el secretario del banco comunal, vive en el barrio Arco iris, en una casa alquilada, la actividad a la que se dedica, es el servicio D. transporte urbano con el que viene trabajando desD. hace unos 10 años.
El Sr. Hernán se encuentra en el quinto ciclo D. préstamo en este banco comunal, durante este tiempo ha demostrado responsabilidad, es D. esta manera que se le ha dado el cargo D. tesorero del banco.
Su esposa la Sra. Neneth Soruco se dedica al comercio y elaboración D. horneados en el mismo barrio en el que vive.
INGRID V. A..- LA sra. Ingrid es la secretaria del banco comunal la cual vive en el mismo barrio que los anteriormente mencionados, en el barrio arco iris la Sra. Cuenta con casa propia, se dedica ala actividad D. peluquería con la cual trabaja desD. hace unos 2 años atrás.
Ella tiene 2 hijos y vive con su esposo el mismo que tiene como actividad D. chofer.
Su objetivo D. la Sra. Es ahorrar un poco mas D. dinero para colocar su propio salón D. belleza.
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.