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Nuevo Horizonte Group
In this Group: Aleja, Evangelina , Isidora , Ivone, Margarita, Ayde, Marcia Olivia, Milton , Angelina , Liliana, Pelagia, Freddy, Raphael, Florencia
The microfinance communal bank "NUEVO HORIZONTE " is in its second loan cycle. During its first loan cycle, this group has shown itself to be maD. of hardworking and responsible people. This group is maD. up of the following members:

The President is Mrs. Aleja who is the leader and founder of the group. Her business is the sale of candy on Nataniel Aguirre y Aroma street. She is separated and has four children.

The Treasurer is Mrs. Ivone, who is married and has two children. Her business is the sale of anticucho (a Peruvian meat dish cooked and served on skewers) from the door of her home. She has proven herself to be very responsible and punctual with her payments.

The Secretary is Mrs. Liliana who is married, has four children, and runs a cosmetics sales business. She is an active and hardworking person.
All are grateful to Emprender and Kiva for having confidence in them and for granting them this loan.
View original language description ↓

El banco D. Emprendimiento "NUEVO HORIZONTE " es un Banco que se encuentra en su segundo ciclo, en el cual demostraron ser personas responsables y trabajadoras, este grupo esta representada por las siguientes socias:

Como Presidenta esta la Sra. Aleja quien es la lider y fundadora del grupo, tiene el negocio D. venta D. dulces en calle Nataniel Aguirre y Aroma . Esta separada y tiene 4 hijos.

Como Tesorera esta la Sra. Ivone esta casada y tiene 2 hijos su negocio es venta D. anticucho en la puerta D. su domicilio es una persona muy responsable y puntual con sus cuotas.

La secretaria es la Sra. Liliana quien es casada y tiene 4 hijos y tiene el negocio D. venta còsmeticos es una persona activa.

Estan muy agradecidas con Emprender y Kiva por la confianza brindada en la otorgacion del credito.











Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $28,120,450
    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 $3,575 loan helped a member increase of working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2009
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010