The entrepreneurial bank Las Triunfadoras ("The Winners") is composed of eight members, of whom six are women and two are men. The president of the bank is Yenny, who is 30 years old and has an eight year old son. She dedicates herself to retail trade, offering a variety of car products such as air freshener and seat covers. She sells in a service station, offering her products to drivers while they refill oil, and she has a lot of clients. Yenny is an old borrower - this is the second loan she has asked for from the institution. Yenny is going to use this loan to buy wholesale car products. Yenny faces challenges like the demand that exists for new products in her business. She is going to use this loan to provide better service and to buy a variety of products. Yenny feels happy and grateful to the institution for providing support by granting loans.
El Banco de emprendimiento LAS TRIUNFADORAS está compuesto por ocho integrantes seis mujeres, y dos varones, la presidenta del banco es la Sra. YENNY tiene 30 años tiene un hijo de ocho años, ella se dedica al comercio minorista, ofreciendo variedad de productos para autos ya sea ambientador, fundas, ella vende en una estación de servicio ofreciendo sus productos a los choferes que cargan combustible, tiene ya muchos clientes, la Sra. YENNY es cliente antigua ya que este préstamo es el segundo que solicito en la institución, la Sra. YENNY va a usar este préstamo para la compra de artículos para autos al por mayor, la Sra. YENNY enfrenta retos en su negocio que es la demanda que hay de nuevos productos y va a utilizar los beneficios en una mejor atención y comprando variedad de productos, la Sra. YENNY se siente feliz y agradecida con la institución por el apoyo brindado en la otorgación del crédito.
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.