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La Fuente Group
In this Group: Pablo Cesar, Delmira, Martha, Marina, Bebi Sirley, Juana , Norma, Martha
Venture bank LA FUENTE is composed of eight members, out of which seven are women and one is a man. They have different lines of work. The bank's president is Mrs. Martha, the first name in the list. She is 44 years old, she is married and has a 5-year-old son.

Mrs. Martha makes and sells bread, pasties, and different types of pastry. Her bakery is located in the Santa María area.

This loan is her second cycle in the institution. Mrs. Martha will use this loan to buy flour, vegetable shortening and sugar in bulk, because she has a higher capacity oven and she wants to increase her production and in this way satisfy her customers' demand.
View original language description ↓
El Banco de Emprendimiento LA FUENTE está compuesta por ocho integrantes de los cuales siete son mujeres y un varón que se dedican a distintas actividades, la presidenta del banco es la Sra. la Sra. Martha la primera en la lista, tiene 44 años, casada con un hijo que tiene la edad de 5 años, la Sra. Martha se dedica a la elaboración y venta de pan, empanadas y variedad de repostería, su panadería que se encuentra ubicado en la zona Santa Maria, este préstamo es su segunda secuencia dentro de la institución, la Sra. Martha va a usar este préstamo para la compra de harina, manteca y azúcar por cantidad ya que tiene un horno de mayor capacidad y quiere incrementar su producción y así satisfacer la demandada de sus clientes.

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

  • $5,500
    Average annual income
  • 117
    View loans »
    Bolivia Loans Fundraising
  • $36,694,175
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
A portion of La Fuente Group's $4,125 loan helped a member to buy flour, vegetable shortening and sugar.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 14, 2012
Oct 12, 2012
Currency Exchange Loss:
Nov 11, 2012