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Nueva Semilla Group
In this Group: Maria, Sofía, Jesusa, Ines, Eduarda, Aida, Edith, Ana, Ricardo, Liz, Ninfa, Elsa, Judith*, Mercedes
* not pictured
Maria, age 40, is the president of the Nueva Semilla (New Seed) Communal Bank. She belongs to the Santiago II Community Center.

Maria has two small businesses. One of them is embroidering sweaters, and the other is selling food. She sells the food in a kiosk, which is located in her home. She needs the loan to reactivate this business. She has the help and cooperation of her four children. She plans to buy supplies with the loan.

Maria indicates that she likes Pro Mujer for the trainings they give, the savings at the end of the cycle, and the visits she can make to the consultant’s office. She agreeably attends.

The rest of the members of this Asociación have different businesses including production, service, and commerce. They all need the loan to strengthen and improve their businesses.
View original language description ↓

Maria de 40 años es presidenta de la Asociación Comunal Nueva Semilla que a su vez pertenece al Centro Focal Santiago II. Maria tiene dos negocios pequeños, uno de ellos es el bordado de chompas y otro es venta de comida en un kiosko que está ubicado en su domicilio, necesita el préstamo para reactivar éste negocio, ya que cuenta con el apoyo y colaboración de sus 4 hijos, tiene planificado comprar insumos con el préstamo. Maria indica que le gusta Pro Mujer, por las capacitaciones que se imparte, el ahorro que logra al final de ciclo y las visitas al consultorio que puede realizar ya que le atienden con amabilidad.
Las demás integrantes de esta Asociación cuentan con diferentes negocios de producción, servicio y comercio y todas necesitan el préstamo para fortalecer y mejorar 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

  • $2,817
    Average annual income
  • 137
    View loans »
    Bolivia Loans Fundraising
  • $30,349,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Semilla Group's $3,300 loan helped a member buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2010
Listed
Jun 30, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011