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Santa Terecita-32 Group
In this Group: Miguelina, Reynaldo Jesus, Araceli Fabiola, Erika Milenka, Reynerio Nicanor, Kendrin, Claudia Jhalu, Deicy, Maruja, Maria Esther

Update on Santa Terecita-32 Group

The Santa Terecita-32 village bank is in its third loan cycle. It is made up of ten members, seven women and three men. The leader of the group is still Erika, who says her business selling food is going well. She is requesting this loan so she can buy tables and chairs so her customers will be more comfortable. She is happy and grateful for this opportunity to strengthen her business, which will help her increase her income and thus her quality of life.
View original language description ↓
El Banco de emprendimiento SANTA TERECITA-32 en esta tercera secuencia está compuesto por diez integrantes, siete mujeres y tres varones, la presidenta del banco sigue siendo la Sra. Erika, cuenta que le fue bien con su actividad que es la venta de comida, en esta ocasión solicita el crédito para la compra de mesas y sillas para así brindar comodidad a sus clientes, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio ya que con esta actividad le va muy bien está mejorando sus ingresos y por ende su calidad de vida.

Previous Loan Details

El Banco de emprendimiento SANTA TERECITA-32 en esta segunda secuencia está compuesto por ocho integrantes, cinco mujeres y tres varones, la presidenta del banco sigue siendo la Sra. Erika, cuenta que no le fue tan bien con la anterior actividad que era la venta de ropa, así que se dedica en est... More from Santa Terecita-32 Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 124
    View loans »
    Bolivia Loans Fundraising
  • $36,721,100
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Terecita-32 Group's $4,700 loan helped a member to buy tables and chairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 28, 2014
Feb 24, 2014
Currency Exchange Loss:
Aug 17, 2014