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Nuevo Horizonte Group
In this Group: Carolina Leonilda, Yenny, Fanny, Milba Yannett, Maribel Janeth, Nelida Alda, Rosario, Aida Luz, Norah, Araly, Candida Sonia, Nilda, Yaneth*, Mirna Nair*
* not pictured
There are no blood relatives in the group "Nuevo Horizonte;" this group is comprised of 14 people. People who work in a variety of different area like: manicurist, grocery sales, food sales, shoes sales, hairdresser, cosmetic sales, clothing sales, general food sales, chicken sales, wooden post sales, pool hall management and general commerce. Since its first cycle, this group has been aware of the responsibilities a debt carries. The members now feel more at ease, having a better understanding of how one benefits. The majority use the loan to increase capital and grow their businesses. Some members of the group have experience with this sort of loan since they have worked with other financial institutions before
View original language description ↓
En el grupo nuevo horizonte no existe parentesco consanguíneo, este grupo esta conformados por 14 personas. Mismas que se dedican a diversas actividades centro D. las cuales podemos mencionar las siguientes: manicurista, venta D. abarrotes, venta D. comida, venta D. zapatos, peinadora, venta D. cosméticos, venta D. ropa, venta D. comida en general, venta D. pollo, venta D. postes D. madera, administración D. billar y comercio en general. Els grupo está conciente desD. su primer ciclo sobre las responsabilidades que conlleva el adquirir una deuda y es así que ahora se sienten mas a gusto ya que ahora entienden mejor los beneficios del mismo. La mayoría empleo el crédito para imcrementar capital y ampliar sus respectivos negocios. Algunas D. las socias tienen experiencia en este tipo D. créditos ya que trabajaron antes en otras instituciones financieras.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Horizonte Group's $3,225 loan helped a member capital de Operaciones.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2009
Listed
Apr 22, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009