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Nueva Esperanza-21 Group
In this Group: Rosa Victoria, Sergio, Cornelia, Natividad, Virginia Victoria, Pastora, Daniela, Dionicia Anastacia, Martha Veatris, Margarita, Geanette Lenny, Alberta, Juan Ruperto
Rosa Victoria represents the Nueva Esperanza 21 group. It is comprised of 13 members; most of them are from the 21 D. Diciembre region. The members sell different products. Some have neighborhood grocery stores. Some make and sell wood furniture in carpentry shops. Some sell coca, food, pork, and cosmetics. Some have neighborhood stores, and some have mechanic shops.

The members are in a market that is highly competitive. They have their strategies for assuring the sale of their products. Also, they are well known in the local market, and they intend to arrive on the international market by improving the quality of their products.

The loan is to buy supplies for their stores. Some will use it to buy equipment and tools for their shops. Others need the loan to buy merchandise to expand their stores.

This group is undertaking their sixth cycle. Most of them know each other already and have experience, given that they have participated in five cycles. It is a group of united and responsible people. Above all, they have a great desire to get ahead.
View original language description ↓
El grupo “Nueva Esperanza 21” esta representada por la señora Rosa Victoria y conformado por trece miembros que en su mayoría radican en la zona 21 D. diciembre las socias son dedicadas a la comercialización y venta D. diferentes productos como venta D. abarrotes en tiendas D. barrios, a la elaboración y comercialización D. muebles D. madera en talleres D. carpintería, venta D. coca, venta D. comida, carne D. cerdo, cosméticos, tiendas D. barrio y taller D. mecánica. Los socios están en un mercado altamente competitivo ellas tienen sus estrategias D. como asegurar la venta D. sus producto además ya son conocidas en el mercado local y pretenden llegar a mercados internacionales mejorando la calidad D. sus productos. El destino del crédito es para realizar compras D. insumos para sus tiendas y algunos para la compra D. equipos y herramientas para sus talleres otras D. las socias requieren del capital para la adquisición D. mercadería para agrandar mas sus tiendas.
Este grupo esta emprendiendo su sexto ciclo, la mayoría D. ellos ya se conocen entre si y cuentan con experiencia puesto que participaron durante cinco ciclos, es un grupo D. personas responsables, unidas y sobre todo con muchas granas D. salir adelante.

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
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza-21 Group's $4,300 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2009
Listed
Nov 7, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2010