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Nueva Asunción Group
In this Group: Nelly, Lidia Lindaura, Silveria, Jheny, Casimira Elena, Nelly Virginia, Jenny Marcela, Reina
The Nueva Asuncion community bank is starting their third loan cycle in the Panamericana center. This community bank has eight members. They have changed the board of directors for this loan cycle and have Nelly as president, Silverio as treasurer, and [another] Nelly as secretary. The women have different businesses which include: macrame blankets, an earing business, a food business, artisan blanket sales, artisan knitting and a neighborhood store.

The secretary tells us that she has worked with Pro Mujer for a year and learned of Pro Mujer's services through advertising. The secretary's current business is selling earings which she learned twelve years ago from her husband. Currently she gets help from her brother and an assistant as salespeople. Her goal is to sell the goods in the interior of the country in the Oruro and Cochabamba departments. What she likes most about Pro Mujer is that "it teaches us to be more responsible."
View original language description ↓
La Banca Comunal de “Nueva Asunción” está iniciando su tercer ciclo en el centro focal de Panamericana. Esta banca comunal cuenta con la participación de ocho integrantes, . Han renovado la mesa directiva y para este ciclo tiene como presidenta a la señora Nelly, como tesorera silverio y como secretaria de actas a la señora Nelly los negocios de las señoras son diferentes, entre ellos tenemos: macramé de mantas, comercio de aretes, abrir un comedor, artesanía en mantas, artesanía de tejidos y tienda de barrio.
La señora secretaria de actas comenta que está un año trabajando en Pro Mujer, conoció los servicios de Pro Mujer a través de las promotoras. El negocio de la señora secretaria es la venta de aretes, desde hace doce años ella aprendió a llevar adelante este negocio con su esposo. Actualmente, recibe ayuda de su hermano y un ayudante para realizar la venta, pues su estrategia es llevar sus productos al interior del país, a los departamentos de Oruro y Cochabamba.
Lo que más le gusta de Pro Mujer es que “les enseña a ser más responsables.”

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
  • 158
    View loans »
    Bolivia Loans Fundraising
  • $32,260,600
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Asunción Group's $2,475 loan helped a member purchase earings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 11, 2010
Nov 24, 2010
Currency Exchange Loss:
Jun 15, 2011