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Banco Comunal Cristal Group
In this Group: Cristina, Franz David, Ana Basilia, Nicasia, Beatriz Wilma, Julia, Elena Angélica, Agustina, Elba Miriam, Catalina
The Cristal Communal Bank is maD. up of ten members who live in the Pampahasi and San Antonio neighborhoods in the city of La Paz, Bolivia. They have been working with Emprender for two years and are currently on their sixth loan cycle. Señora Cristina A. has been the group leader from the very beginning and is also the group's founder. She has a fruit stand in the local market. She is a very responsible member and knows how to lead the group. Señor David M. drives a minibus (the primary form of public transportation in La Paz) and is also a mechanic. He also helped found the group. Señora Basilia M., a long-time group member, sells books by catalogue. Señora Nicasia G. is a new member; she was invited by group members who know her well. She works in the city of El Alto, selling lamb and cheese that she brings to the city from her village. Señora Beatriz M. is also new to the group; she was invited by Doña Cristina to join this loan cycle. She sells fruit in the same local market. Señora Julia Vasquez, a long-time member, works as a cook at a "comedor popular" (a lunch counter that sells low-cost meals to the working class) and cooks for social occasions. Señora Elena Angelica M., one of the group's founding members, sells CDs and DVDs. Señora Agustina C., a good client, sells blankets by special order. Elba C., a new member, sews sweaters. She was invited to join the group because of her responsible character. Señora Catalina L. sells both used and new clothing in the El Alto market. She was also invited to join the group for this loan cycle.

All of the group members plan to invest their loans to increase their working capital (to purchase more merchandise to sell, generally), since they have to get ready for end-of-year festivities.
View original language description ↓
El Banco comunal Cristal está formado por 10 socias, pertenecen a la zona D. Pampahasi y San Antonio D. la ciudad D. La Paz, Bolivia Trabajan con Emprender desD. hace dos años, actualmente están en el 6º ciclo crediticio. La señra Cristina A., es la líder del grupo desD. sus inicios, es la fundadora, cuenta con un puesto D. venta D. frutas en el mercado D. la zona, es una socia muy responsable, que sabe guiar al grupo. El señor David M., es chofer propietario D. un minibús y además mecánico, también fundador del grupo. La sra. Basilia M., socia antigua, se dedica a la venta D. libros por catálogo. La señora Nicasia G., cliente que ingresa en este ciclo, invitada por las socias que la conocen muy bien, su actividad es la venta D. cordero y queso en la ciudad D. El Alto, mercadería que trae D. su pueblo. La señora Beatriz M. es tambien cliente nueva, que ingresa en este ciclo, fue invitada por doña Cristina, se dedica a la venta D. frutas en el mismo mercado. La señora Julia Vasquez, cliente antigua es cocinera en un comedor popular D. la zona y atienD. contratos para acontecimientos sociales. La señora Elena Angélica M., fundadora del grupo, tiene su puesto D. venta D. DVD's y CD's musicales, y películas. La sra. Agustina C., buena cliente, se dedica a la venta D. frazadas, por pedidos. Elba C., cliente nueva, que se dedica a la confección D. chompas, invitada por las socias a participar en el grupo, por su carácter responsable. La sra. Catalina L., cliente invitada por las socias, venD. ropa nueva y usada americana, en la feria D. la ciudad D. El Alto. Todas las socias del grupo invertirán el crédito en aumentar su capital, ya que tienen que estar preparadas para las fiestas D. fin D. año.

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
  • 136
    View loans »
    Bolivia Loans Fundraising
  • $36,286,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Comunal Cristal Group's $2,000 loan helped a member working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 11, 2008
Oct 28, 2008
Currency Exchange Loss:
May 15, 2009