The “El Carmen” communal bank is located at B/ La cuchilla between the fourth and fifth ring of the city’s southern zone entering by Moscu Avenue. This groups is in its first cycle, is maD. up of 11 members, and the president is Mrs. Johana B. C. and the treasurer is Rosmery V. Casto and secretary Mirna B. G.. The group is dispersing a loan of 16,500B to its members. The women in the group sell cosmetics, food, groceries, and clothing so they need loans quickly. The group meets on Mondays at 15:30 PM at the location previously mentioned. The women are working with Emprender because with the loan they will be able to increase their earnings and at the same time saving. Another activity is sharing with their neighboring friends every 15 dyas.
Mrs. Johana C., President of the group, is in her first loan cycle. She sells cosmetics and also has had a snack stand for 6 years. Every morning she goes to her snack business and at the same time takes advantage of selling cosmetics. She works 6 days a week. Her work requires an increase of capital to improve her snack business and invest in buying more cosmetics. She is very responsible and active in the group, and the opportunity that Emprender provides her she is not going to disappoint. Mrs. Johana B. is the responsible representative of the group.
Banco D. Emprendimiento: EL CARMEN se encuentra situado en el B/ La cuchilla el entre cuarto y quinto anillo D. la ciudad zona sur entrando por la Av. Moscu el grupo se encuentra en su 1° ciclo, compuesto por 11 personas,como presidenta tenemos a la señora Johana B. C. y tesorera Rosmery V. C. y D. secretaria, Mirna B. G. , el grupo se encuentra con un credito desembolsado D. 16,500 Bs que solicito el grupo, en el grupo hay señoras que se dedican ala venta D. cosmeticos ,comida ,abarrote y venta D. ropa son actividades que necesitan creditos rapidos, las reuniones del grupo se llevan acabo los dias Lunes a horas 15:30 PM en la ubicacion indicada anteriormente.Las Sras:estan conformes D. trabajar con Emprender porque con el credito otorgado lograran incrementar sus ganancias y al mismo tiempo ahorrar, otra actividad es la D. compartir con sus amigas vecinas cada quincena .
La Sra Johana C. es Presidenta del grupo, es su primer ciclo, ella se dedica al rubro D. venta D. cosmeticos y tambien posee un snack tiene 6 años D. antiguedad en el rubro todas las mañanas sale a su negocio D. snack y al mismo tiempo aprovecha D. vender cosmeticos, trabaja 6 dias a la semana; su trabajo requiere D. un incremento D. capital para mejorar su snack e invertir en la compra D. mas cosmeticos. es muy responsable y cumplida en el grupo y la oportunidad que le brinda Emprender no va a defraudar .La Sra Johana B., es responsable del grupo .
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.