The entrepreneurs group called "Las Orgullosas" is a new group composed of 8 members, 7 women and one man, who have different businesses, but all work selling products such as: cosmetics, aluminum pots, fruits, vegetables, and other goods. Susana is one of the longest-standing members, who previously worked with another loan group and is now president of this group. She sells shoes in the market at Viacha and also buys and sells sand for construction in the city of La Paz. She will use the loan to buy merchandise in bulk, shoes by the dozen, and also for the maintenance of her car. And she has a son. Cintia is the secretary of the group and she sells cosmetics and is a young person with lots of will to succeed. She will use the loan to buy merchandise to offer for sale. All the members are very grateful to the institution of the support offered to them.
EL Banco D. emprendimiento LAS ORGULLOSAS, es un banco nuevo formado por 8 integrantes 7 mujeres y un varon, se dedican a distintas actividades, ellas se dedican a la venta D. productos como: cosméticos ollas en aluminio ,atención en su tienda, venta D. frutas, verduras y otros y la Sra. SUSANA es una D. las socias mas antiguas que anteriormente trabajo con otro banco y ella ocupa el cargo D. presidenta la Sra. se dedica a la venta D. zapatillas en la feria D. Viacha y también hace compra y venta D. arena para la construcción en la urbe paceña y con el préstamo comprara mercadería en cantidad, zapatos por docenas y también si para el mantenimiento D. su carro y tiene un hijo, y la Sra. CINTIA ocupa el cargo D. secretaria y ella se dedica a la venta D. productos cosméticos y es una persona joven con muchos deseo D. salir adelante y con el préstamo comprara mercadería para poner en oferta sus productos en variedades, todas las socias están muy agradecidas con la institución por el apoyo brindado.
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.