Nueva Asuncion Group

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In this Group:
Felipa Coaquira, Manuel Fernandez Flores , Nieves Bertha Bautista Bautista , Martha Bautista Ajllahuanca , Camila Zuñiga Apaza, Cristina Mamani Siñani , Juana Tintaya Maimas , Sofia Villalba Sandoval

The Community Association Nueva Asunción is made up of 8 members with various businesses and skills, including running a sewing workshop, tailoring jackets, and knitting sweaters. Martha Bautista is 35 years old and married, and has been knitting sweaters from her home for the past six years as well as taking care of the usual household responsibilities. Sales of her jumpers take place in the different fairs around the city of El Alto from Monday to Sunday. The loan is currently being sought to buy more wool to continue with her sweater knitting business.

Translated from Spanish by Justine Raymond, Kiva Volunteer

La Asociación Comunal Nueva Asunción esta integrado por 8 socias, con diferentes tipos de negocios, como ser: taller de costura, confección de chamarras, tejidos de chompas. Como es el caso de la señora Martha Bautista, señora de 35 años de edad, casada, la misma que está dedicada desde hace 6 años al tejido de chompas en su domicilio, al mismo tiempo que desarrolla las tareas del hogar. La venta de su producción es realizada en diferentes ferias de la ciudad de El Alto, de lunes a domingo. La solicitud de crédito que ahora realiza está destinada a la compra de lana, para mantener su producción de chompas.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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