Nuevo Amanecer Group

The Community Association "Nuevo Amanecer" is located at the “Juan Pablo II” center. A very happy and dynamic group of ladies started the group because they were in need of working capital to start a business that allowed them to have an income and save to cover unexpected events.

All of the members have different businesses such as the selling of chocolates, cosmetics, groceries, fruits and magazines. They are asking for a loan that will be invested in the purchase of goods (chocolates, perfumes, noodles, rice, oranges, tangerines, magazines).

Translated from Spanish by Adriana Pierce, Kiva Volunteer

En el Centro Focal “Juan Pablo II” se encuentra la Asociación Comunal “Nuevo Amanecer”, un grupo de señoras muy alegres y dinámicas, ellas se agruparon por la necesidad de contar con un capital de trabajo que les permita generar ingresos, además desean lograr ahorros para cubrir eventos inesperados.

Todas tienen negocios diferentes como la venta de chocolates, cosméticos, tienda de productos alimenticios, frutas y revistas y necesitan el préstamo para la compra de mercadería (chocolates, perfumes, fideo, arroz, naranja, mandarina, revistas).




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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