Nuevo Renacer Group

The members of the community bank “New Rebirth” belong to an area of the neighbourhood Las Pampitas, and they are represented by Señora Zulma. Most of the members have small children in the neighbourhood. As a blood link, there is the family, raising the field, and absolutely no affiliations.
The members do different economic activities, like selling clothing, cosmetics, shoes, jewelry, and the members participate in order to have their allowance of food. As in all commercial areas, there always exists supply and demand, especially in the commercial sector, but they know how to cope with the commercial ambiance.
This loan would be destined to increase merchandise and improve working conditions. The members don’t have much experience in working with solidarity groups, but it is a reasonably dynamic group and disposed to assume the responsibility that is implied in group finances.

Translated from Spanish by Jessica Kaminsky, Kiva Volunteer

Las socias de la banca comunal “Nuevo Renacer” pertenecen a la zona del barrio las pampitas y están representados por la señora Zulma, la mayoría de las socias tienen sus pequeños negocios en su zona. Como nexo consanguíneo esta la familia céspedes Escalante y de afinidad ninguno. Las socias realizan diferentes actividades económicas, como venta de ropa, cosméticos zapatos, joyas, y el socio participante atiende su pensión de comida. Como en todo rubro comercial siempre existe la competencia de la oferta y la demanda especialmente en el sector comercio pero ellos saben desenvolverse en el ámbito comercial. El crédito esta destinado para el incremento de mercadería y al mejoramiento de los ambientes de trabajo. Los socios (as) no tienen mucha experiencia en el trabajo con grupos solidarios pero es un grupo bastante dinámico y dispuesto a asumir la responsabilidad que implica un financiamiento grupal.


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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