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Virgen De Fátima Group
In this Group: Delicia, Raquel, Asunta, Pedro Antonio, Ruth Negri, Lucia, Graciela, Aida, Matilde, Carmen Enriqueta, María Antonia, Asunta, Carmen*, Leizy, Edith, Nieves*
* not pictured
The loaning bank named "Virgen D. Fatima" is located in the city of Santa Cruz, Bolivia, and is asking for its second cycle of loans. Funded on 12 June 2008 by the initiative of a group of singlewomen, the group is composed of 16 people including Ms Delicia V. M. as president, Ruth Negri R. A. as treasurer and Asunta G. V. as secretary. The majority of the members are dedicated to the sales of cosmetcis, food, groceries, empanadas, etc. Meetings take place at the beginning of the day on wednesdays, at 9:30 am, at the treasurer's house. The women are satisfied to work with Emprender as they learn how to save and share with their friends every 14 days. The initial group was maD. up of 16 people, 3 of whom left due to personal reasons and who were replaced by 3 new women, and today they have a full group.
Ms Delicia V. M. is the president of the group, has eight years of experience in the sales and promotion of cosmetics and hand weaves bags, purses, etc for eight hours a day. She has one small girl who is still in school. She is very responsible and polite and will not dissapoint Emprender with the opportunity she is given. She is also one of the founders and leaders of the group.
Ms Ruth Negri R. A. is the treasurer, has five years of experience in the sales of cosmetics and clothes, and works six days a week for eight hours a day. Her work is largely done outsiD. of her home, as a traveling salesperson. Her dream is to continue working with Emprender and one day become director of a group of cosmetic promoters. She is very responsible and polite and is pleased with the opportunity provided by teh group and will not disappoint. She has five children who are in school and with the profits she is able to support her home.
View original language description ↓
Banco D. Emprendimiento: Virgen D. Fatima se encuetra ubicado en la ciudad D. Santa Cruz Bolivia, se encuentra en su 2do cilco crediticio y está compuesto por 16 personas, Se fundo el 12 D. Junio del 2008, por iniciativa D. un grupo solidario D. señoras, la señora Delicia V. M. es la presidenta del grupo, tesorera es la Sra Ruth Negri R. A. y Secretaria la Sra. Asunta G. V.; en el grupo mayormente se dedican a la venta D. Cosmeticos, Comida, Abarrotes, Empanadas, etc. Las reuniones se llevan acabo los dias miecoles a horas 9:30 AM en la casa D. la señora tesorera. Las Señoras estan conforme D. trabajar con Emprender por que aprendieron a ahorrar y compartir con sus amigas cada 14 dias. En el grupo en sus inicios Se conformo con con 16 personas D. las cuales 3 se retiraron por motivos personales e ingresaron otras 3 nuevas, a la fecha ha sido un grupo muy cumplido.
La Sra Delicia V. M. es la presidenta del grupo, tiene 8 años D. antigüedad en el rubro D. promotora D. cosmeticos y tejido a mano D. carteras, bolsones, monederos a lo que le dedica 8 horas al dia, Tiene 1 hija pequeña que todavia esta en colegio. La Sra es muy responsable y cumplida en el grupo y la oportunidad que le brinda Emprender no la defraudara. Tambien ella es unas D. las fundadoras y lider del grupo.
La Sra Ruth Negri R. A. es la Tesorera del grupo. Lleva 5 años D. antigüedad en el rubro D. venta D. cosmeticos y Ropa, trabaja 6 dias a la semana por 8 horas al dia ,su trabajo es mayormente fuera del domicilio, D. ambulante, su meta es D. seguir Trabajando con Emprender y tambien y ser Directora D. un Grupo D. promotoras D. cosméticos. La Sra es muy responsable y cumplida en el grupo y la oportunidad que le brinda el grupo y la Intitucion no la defraudara. Tiene 5 niños que estan en la escuela y con los ingresos que percibe pueD. ayudar en el sustento del hogar.

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
  • 123
    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 Virgen De Fátima Group's $4,225 loan helped a member increasing capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 23, 2008
Nov 17, 2008
Currency Exchange Loss:
Jun 15, 2009