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Nuevo Amanecer Group
In this Group: Samir, Ramona, Piedades, Maria Esther, Maria Claudia, Lilian Liliana, Roxana, Lusena, Rosalin, Brenda Sharela, Ross Mery, Mariela, Masedonia
The Nuevo Amanecer Communal Bank, represented by Mr. Samir, is comprised of 13 group members who are very hard-working. The group is currently in its third cycle, with the hopes of obtaining greater profits. They have demonstrated the desire to get ahead through honesty, responsibility and work. The group members run different businesses, such as selling bread, salteñas (meat-filled pastries), cosmetics, vegetables, fast food, provisions, clothing or empanadas. Competition is strong in the market where they work, but the group members can count on their faithful customers who love their work so that they can earn the income needed to sustain their families. The loan will be used to purchase merchandise in bulk so that they can restock their shops, purchase supplies for fast food sales, and purchase the work tools that they need to improve their earnings so that they can offer their families a better quality of life.
View original language description ↓
El banco comunal " Nuevo Amanecer " esta representado por el señor Samir y conformado por 13 miembros D. socias muy trabajadoras que van cumpliendo su tercer ciclo con expectativas D. lograr más ingresos y demostrando ganas D. salir adelante con honestidad, responsabilidad y trabajo. Las socias tienen diversas actividades como la venta D. venta D. pan, salteñas, cosméticos, verduras, comida, tienda D. abarrotes, ropa y empanadas. En cuanto al entorno competitivo podemos mencionar que es alta en el mercado en el cual trabajan pero las socias tienen la esperanza D. contar siempre con clientes fieles y a los que les gusta su trabajo para que puedan obtener el ingreso necesario para el sustento D. su familia. El crédito esta destinado a la compra D. mercaría en mayor cantidad para surtir sus tiendas, insumos para las socias que venden comida y para herramientas que ayuden a mejorar sus ingresos para poderles dar a sus familias una mejor calidad D. vida.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD