Programa de Apoyo para el Desarrollo de la Microempresa Emprender Bolivia

Data provided through Emprender

Gross Loan Portfolio USD, 2011: 5.4 million

Number of active borrowers 2011: 9,269

Average loan balance per borrower USD, 2011: 578.3

Deposits USD, 2011: 0.0

Assets USD, 2011: 6.4 million

Number of depositors 2011: 0

Mission:

“Somos una institución de desarrollo social, transparente y sostenible que brinda productos financieros integrales de alta calidad, ágiles y oportunos a microempresarios y emprendedores de las zonas urbanas, periurbanas y rurales del país, con personal especializado, comprometido y con ... Read more

Background and Main Challenges:

Los principales desafios de la institución son los siguientes: Concluir el proceso de regulaicón obteniendo al licencia de funcionamiento de la ASFI. Con la regulación se abre el acceso a captaciones de fondos del público, que ayudará en gran parte la reducción de la tasa pasiva. Mantener la ... Read more

Address:

Calle Presbítero Medina, Pasaje Tal Tal Nº 570

La Paz

Murillo

Bolivia

Phone:

591(2)2152390

Fax:

(591 2) 215-2390

Email:

christianrivera [at] emprender [dot] org [dot] bo

Website:

www.emprender.org.bo

Main Funding Sources:

Préstamos

Products and Services:

Préstamos

Servicios financieros

Capacitación y consultoría

Products:

Grupos Solidarios Créditos Individuales

Services Provided:

Educación

Salud

Looking for (Investment Types):

Préstamos en USD

Préstamos en moneda local

Garantías

% Operations Comprised by MF:

91 - 100

Date established:

Jan 1 1999

FYE:

31-Dec

Current Legal Status:

NGO

Regulated:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
Other target market:	1
Women	2
Clients living in urban areas	3
Clients living in rural areas	4
Int msg targetmothertext c	microempresarios
+ Development goals (ranked by importance)
Increased access to financial services	1
Growth of existing businesses	2
Poverty reduction	3
Gender equality and women's empowerment	4
Health improvement	5
Employment generation	6
Development of start-up enterprises	7
Housing	8
Water and sanitation	9
+ Poverty targets
Low income clients	1
+ Governance
Has trained members of its board on social performance management
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit loans for microenterprises	1
Loans for agriculture	1
Loans for education	1
Housing loans	1
+ Savings products offered
+ Compulsory insurance products required
Compulsory credit life insurance	1
+ Voluntary insurance products offered
+ Other financial products and services offered
Savings facilitation services
Remittances services	1
+ Non-financial services offered
+ Enterprise services offered
+ Education services offered
Basic health/nutrition education	1
+ Health services offered
Basic medical services	1
+ Women's empowerment services offered
Leadership training for women	1
Women's rights education/gender issues training	1
+ Products and services targeting the poor
+ Social responsibility to clients
+ Client protection principles in use
The loan approval process requires evaluation of borrower repayment capacity and loan affordability. Loan approval does not rely solely on guarantees (whether peer guarantees, co-signers or collateral) as a substitute for good capacity analysis.
Internal audits check household debt exposure, lending practices that violate procedures including unauthorized re-financing, multiple borrowers or co-signers per household, and other practices that could increase indebtedness.
Productivity targets and incentive systems value portfolio quality at least as highly as other factors, such as disbursement or customer growth. Growth is rewarded only if portfolio quality is high.
Prices, terms and conditions of all financial products are fully disclosed to the customer prior to sale, including interest charges, insurance premiums, minimum balances, all fees, penalties, linked products, third party fees, and whether these can change over time.
Staff is trained to communicate effectively with all customers, ensuring that they understand the product, the terms of the contract, their rights and obligations. Communications techniques address literacy limitations (e.g. reading contracts out loud, materials in local languages).
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.
+ Cost of services to clients
Declining balance interest method
+ Social responsibility to staff
+ Human resources
Benefits (medical insurance, pension contribution)
Protection at work (safety, anti-harassment)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
+ Basis of staff incentives related to social performance
Ability to attract new clients from target market
Portfolio quality
+ Social responsibility to the environment
+ Poverty measurement tools in use
Grameen Progress out of Poverty Index (PPI)