RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Latin America ( XML Feed )
South America ( XML Feed )

Sep 9, 2016 10:10 AM ET

Archived: Bolivia: Bateon Group – A loan of $3,250 helps a member to purchase athletic merchandise to pay for her baby’s expenses.

iCrowdNewswire - Sep 9, 2016

Bateon Group

Santa Cruz, Bolivia / Sporting Good Sales
Borrower image

Bateon Group’s story

Lizbeth is a young woman, 20 years old, a single mother who has a 2-year-old daughter and her business is selling rackets.

She does her work in the southern zone of the city, a neglected area where the majority of the population lives.

Lizbeth is the head of household, she lives in a rented room with her daughter who is not yet of school age. She is seated, the second from the right, wearing a fuchsia tank top and black pants. The need to improve her income brought her to lead the group. The members are female heads of household who struggle daily to be able to feed their loved ones.

Her business is selling rackets for all sports such as tennis, racquetball, squash, ping pong, etc. Her business is as a street vendor, she began with a minimum of capital and currently has regular customers. “I walk in the markets and visit the sports fields daily…” she says. She asks for a loan to invest it in purchasing a variety of athletic merchandise, such as all sorts of rackets, gloves, handles, and other sports accessories. In this way, her sales will improve and she will be able to pay her young daughter’s expenses. This is her first loan cycle with the institution in the 2 years she has done this work.

It is for these reasons that Lizbeth asks for a loan to purchase athletic merchandise to pay for her baby’s expenses.

In this group: Lizbeth, Iver, Stefania, Rosmina, Rosario, Luis, Rosy Liceth, Walter
*not pictured 

Translated from Spanish by Kiva volunteer Wendy Harris View original language description 

This loan is special because:

It expands access to credit. 

Kiva staff 

More about this loan 

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.

A loan of $3,250 helps a member to purchase athletic merchandise to pay for her baby’s expenses.

Contact Information:

Bateon Group

View Related News >