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Nueva Luz Group
In this Group: Monica Jovanna, Carla Jimena, Carlos Antonio, Olivia, Jose Ramiro, Patricia, Viviana Pilar, Rosmery, Iver Walter, Margarita, Angelica, Cristina, Ana Maria
Mónica Jovanna represents the Nueva Luz group. The group is comprised of thirteen members. For the most part, they have businesses selling products such as shoes, groceries, meals, milk, school supplies, and clothes. Others offer services like house painting, making clothes, and cashier services. Within each of their fields the members are proficient at offering products and services.

They need a loan to increase their income and improve the quality of life for their families. The loan is for operating capital to buy merchandise, supplies and tools that will help them generate more income for their families. The members have experience with supportive groups. They have worked with foundation and demonstrated their capacity to manage funds and be responsible with their payments.
View original language description ↓
El grupo "Nueva Luz" están representados por la señora Mónica Jovanna y conformados por 13 miembros que en su mayoría se dedican a actividades comerciales D. venta D. productos como zapatos, abarrotes, comida, leche, material escolar y ropa y otros servicios como la pintura D. viviendas, confección D. prendas D. vestir y al servicio D. cajeros . Dentro D. cada uno D. sus rubros los socios tienen gran competencia D. oferta D. productos y servicios por lo que los socios requieren D. un financiamiento que atenué sus ingresos y mejore la calida D. vida D. sus familias. El destino del financiamiento es para capital D. operaciones y ayuD. en la adquisición D. mercadería, insumos y herramientas que ayuden a generar mejores ingresos para sus familias. Los socios cuentan con experiencia en grupos solidarios pues ya trabajaron con la fundación demostrando capacidad D. manejo en fondos y responsabilidad en sus pagos.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,926,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD