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Nueva Siembre Group
In this Group: Graciela, Vicente Irene, Emiliana, Carmiña, Zulma Gladys, Leonor Segundina, Gregorio, Celestina, Leonor Carminza, Loyda Eunice, Rosa
The Nueva Siembra (New Planting) group meets at the Santiago II Focal Center. They are drawing up their by-laws, guided by their governing board. Their commercial activities include: sale of hosiery, stuffed toys, pants, dried food, beverages, jackets, baby clothing and food. Leonor M. is a group member and sells infant wear at the 16 de julio market in El Alto. Greogrio C. sells jackets and travels to Villazon and Potosí. All need funding to invest in and improve their businesses, specifically during this season of the year when demand increases.
View original language description ↓
Venta de medias, peluches, pantalones, alimento seco, refrescos, chamarras, ropa de bebe y comida, son las actividades económicas a las cuales se dedican las integrantes del grupo Nueva Siembra que se reúnen en el Centro Focal Santiago II. Dirigidas por su mesa directiva elaboran su reglamento interno.
Leonor M. es integrante de este grupo y vende ropa de bebe en la feria 16 de Julio de la ciudad de El Alto, Gregorio C. es comerciante de chamarras y viaja a Villazon y Potosí.
Todas necesitan del préstamo para mejorar e invertir en sus negocios, específicamente en esta época del año donde la demanda se incrementa.

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

  • $5,500
    Average annual income
  • 204
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nueva Siembre Group's $4,075 loan helped a member to buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010