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Las Claveles Group
In this Group: Julieta, Elena, Victoria, Marco Antonio, Arancelia, Jose Luis, Sofia , Mario
The communal bank Las Claveles consists of eight members: five women and three men. Juliet, the president, is 56. She has a 35-year old son who is independent. Juliet has a hardware store where she sells items like faucets for water pipe installations and tools.

This is her first loan cycle with the institution. Juliet will use this loan to buy hardware store supplies wholesale so she can stock her business and thus provide variety of products to her customers. She is requesting this loan so she can keep improving her business. Juliet will use the benefits to continue purchasing products and bettering her income. She wants to have a well-stocked hardware store. Juliet is a very hardworking person; she is glad for the opportunity given to her and her fellow group members since in many cases, they are people who support their families on their own.
View original language description ↓
El Banco de emprendimiento LAS CLAVELES está compuesto por ocho integrantes cinco mujeres y tres varones la presidenta del banco es la Sra. Julieta tiene 56 años y tiene un hijo de la edad de 35 años, ya independiente su hijo, la Sra. Julieta se dedica a la venta material de ferretería como grifos para instalaciones de agua mangueras, herramientas, tiene su ferretería, este préstamo es su primera secuencia dentro de la institución, la Sra. Julieta va a usar este préstamo para la compra material de ferretería por mayor para surtir su negocio y de esta manera brindar variedad de productos a sus clientes, su razón para solicitar este préstamo es seguir mejorando en su negocio, la Sra. Julieta va a utilizar los beneficios para seguir comprando productos y así ir mejorando sus ingresos, su deseo para su negocio es tener una ferretería muy surtida. La Sra. Julieta es una persona muy trabajadora se siente feliz por la oportunidad brindada a ella ya sus compañeras del grupo ya que en muchos casos son personas que sacan adelante solas a sus familias.

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
  • 151
    View loans »
    Bolivia Loans Fundraising
  • $36,669,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Claveles Group's $3,475 loan helped a member to buy hardware store supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 13, 2012
Currency Exchange Loss:
Jul 17, 2013