SOL DE VINO TINTO (Sun of Red Wine) – 26 is composed of eight members, six of which are women, two are men. They are engaged in various activities.
The group president is Lourdes. She is 45 years old and has two children, ages 12 and 7. She is dedicated to the sale of natural juices and a variety of refreshments at her trading post, which is located in the San Pedro area.
This is her first loan with the institution. Lourdes will use the loan to buy wholesale refreshments to sell at her post. Her reason for requesting this loan is her lack of cash to purchase products. Lourdes faces challenges in her business, such as competition, since there are many places selling refreshments in the area.
She will make use of the benefits in having investment capital. Her desire is to have a snack bar where she can offer a variety of juices, coffee, and pastries.
El Banco de Emprendimiento SOL DE VINO TINTO – 26 está compuesta por ocho integrantes de los cuales seis son mujeres y dos varónes que se dedican a distintas actividades, la presidenta del banco es la Sra. Lourdes tiene 45 años tiene dos hijos que son de las edades de 12 y 7 años, ella se dedica a la venta de jugos naturales, y variedad de refrescos en su puesto de venta que se encuentra en la zona de San Pedro, este préstamo es su primera secuencia dentro de la institución, la Sra. Lourdes va a utilizar este préstamo para la compra de refrescos por mayor para surtir su puesto de venta, su razón para solicitar este préstamo la falta de efectivo para la compra de productos, la Sra. Lourdes enfrenta retos en su negocio que la competencia ya que existen muchos puestos de venta de refrescos por la zona, va a utilizar los beneficios en tener un capital de inversión, su deseo es de tener un snak donde pueda ofrecer variedad de jugos café y variedad de repostería.
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.