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Nuevo Horizonte Group
In this Group: Marisel Shirley, Julia, Ayde, Leoncia, Amanda, Marcia Olivia, Maria Angelica*, Ross Aurelio, Freddy, Nestor Hector*
* not pictured
The group "Nuevo Horizonte" (New Horizon) is very close and the members have businesses in the same central area of their town. Some of the group lives in rented homes, others in houses loaned to them by in-laws or parents, and others own their own homes.

The group is maD. up of 10 members, of whom 3 are men and 7 are women. Half of the members sell snack food, the rest sell groceries and have a computer business. Marisel Shirley, the president of the group, has been a wholesaler of telephone cards for the past 10 years. Julia has had a snack business for 15 years. AyD. has a snack shop and has also had a general store for 10 years. Leoncia has been selling groceries for about 20 years. Amanda has had a business for 6 years. Marcia Olivia has sold shoes for 3 years. Maria Angelica sells clothing and has been in this business for 20 years. Ross Aurelio has been selling computer equipment for 6 years. Freddy has had a small restaurant where he offers lunches and other meals for 23 years. Nestor Hector has been making glass for 15 years.

As you can see, in general the group has a great deal of experience in their respective areas. As with all businesses in the country, there is competition, but the good thing is that each group has its season. This group is going to invest in order to make money during the Carnival parties. The loan will be used to purchase more merchandise to stock a business such as a snack stand, or for a person who makes meals to have a stand in the market. The people with computer businesses will purchase accessories that they will sell, the glass maker will purchase frames and glass for sale and for his monthly jobs.

The business people who request loans from Agrocapital hope to improve their businesses with the help of the loan. They hope to improve their children's education, improve their quality of life, and to grow and expand their businesses. The members of this group are experienced with loans and are very accustomed to working with loans as they already know how to use them in their businesses.
View original language description ↓
El grupo Nuevo Horizonte se caracteriza por ser muy unido, y por tener negocios en la misma zona central D. la localidad, una parte del grupo vive en alquiler, algunos en casa prestada pueD. ser D. suegros o padres, algunos en casa propia. El grupo está compuesto por 10 socios D. los cuales 3 son varones y 7 son mujeres, la mitad D. las socias se dedican al negocio D. la venta D. alimentos tipo snack, el resto se dedica a la venta D. abarrotes y comercio D. computadora. Marisel Shirley que es la presidenta del grupo es una promotora mayorista D. tarjetas D. teléfono desD. hace 10 años, Julia atienD. en su snack desD. hace 15 años, AyD. tiene su frial y también una tienda D. artículos en general esto desD. hace 10 años, Leoncia se dedica a la venta D. abarrotes con una antigüedad en el rubro D. 20 años, Amanda es comerciante desD. hace 6 años, Marcia Olivia es comerciante D. calzados desD. hace 3 años atrás, Maria angelica se dedica al comercio D. ropa y tiene una experiencia D. 20 años en este rubro, Ross Aurelio venD. equipos informáticos con una experiencia D. 6 años, Freddy atienD. su pensión donD. ofrece almuerzos y otros platos esto desD. hace 23 años, Nestor Hector tiene una vidriería que atienD. hace 15 años. Como se pueD. ver el grupo en general tiene bastante experiencia en sus respectivos grupos. La competencia como en todo negocio a nivel nacional está presente pero lo bueno es que tienen sus temporadas y este grupo va a invertir para tener ingresos en las fiestas carnavaleras. El crédito es utilizado para la compra D. mas mercadería para surtir un puesto D. ingreso como por ejemplo un snack, una proveedora D. alimentos que tiene puesto en el mercado y los comerciantes D. computadoras para la compra D. accesorios que luego comercializa, el que hace trabajos D. vidrios comprara marcos y vidrios para la venta y para sus trabajos que mensualmente tiene. Las personas negociantes que solicitan créditos en agrocapital esperan ver mejorar sus negocios con la ayuda del crédito que se les otorga, esperan ver mejorar a sus hijos en la educación y mejorar su forma D. vida, aumentar y ampliar sus negocios. Estas personas componentes del grupo son personas con experiencia en créditos y están muy acostumbrados a trabajar con créditos ya que saben utilizarlo en sus negocios.

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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,577,900
    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 $3,000 loan helped a member increase working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Feb 1, 2010
Currency Exchange Loss:
Aug 12, 2010