Nuevo Porvenir Group

In the Panamerican zone exists a focal center by the same name. Here belongs the association named “Nuevo Porvenir” (“New Future”). This is a very agreeable group made up of sixteen members who work in an organized manner in all their activities, having celebrated one year of working with Pro Mujer. The activities realized by the members of Nuevo Porvenir are varied. Some members sell vegetables, other knit sweaters, while some also sell decorations for the home, clothing, and other items.

They state that they need additional working capital to purchase products at wholesale. They are sure that their sales will double during the holiday season and, in this manner, they will obtain greater profits for the benefit of their families.

Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer

En la zona Panamericana, se encuentra ubicado el centro focal del mismo nombre, a este pertenece la asociación “Nuevo Porvenir” Un grupo muy simpático y particular formado por 16 miembros que trabajan de manera organizada en todas sus actividades de grupo, cumpliendo mas de un año de trabajo junto a Pro-Mujer. Las actividades que realiza la asociación Nuevo Porvenir, son de todo variadas; se dedican a la venta de verdura, otras realizan tejidos de chompas, también se dedican a la venta de adornos para el hogar, venta de ropa, entre otros.
Afirman que necesitan mayor capital para la compra de productos al por mayor, están seguras que sus ventas se duplicaran por las fiestas de fin de año, de este modo obtendrán mayores ganancias y beneficios para sus familias



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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