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Nueva Esperanza Group
In this Group: Vicencia, Dina, Vania, Irene, Candelaria, Raquel Giovana, Carmen, Maria Antonieta, Felicidad, Juana
The communal bank "NUEVA ESPERANZA" is an old group at the community center of Villa Exaltación, and has completed 14 cycles, which is to say seven years. The board of directors for this 15th cycle has Mrs. Vicencia as president, Carmen as treasurer, and Mrs. Candelaria as recording secretary. The businesses of the women are different, amongst them we have: pen sales, fruit sales, vegetable shop, tableware sales, event planning (food preparation, tableware rental and party decoration), retail sales, food sales, sweets, beer according to the season, pen sales, bookshop, clothing sales.

Mrs. Vicencia, president of the communal bank "Nueva Esperanza", is one of the oldest members, and has completed eight cycles in the communal bank. With respect to her business, she has been in the book selling business for 25 years. The loan which she is asking for, BOB 4000, will be used to buy books.
View original language description ↓
La Banca Comunal “NUEVA ESPERANZA” es uno grupo antiguo en el Centro focal de Villa Exaltación, cuenta con 14 ciclos, es decir siete años. La mesa directiva para este ciclo Nº 15 tiene como presidenta a la señora Vicencia, como tesorera Carmen y como secretaria de actas a la señora Candelaria. Los negocios de las señoras son diferentes, entre ellos tenemos: venta de bolígrafos, venta de fruta, comercio de verdura, venta de vajilla, empresa de Eventos (preparación de comida, alquiler de vajilla y decoración de fiestas), venta en tienda, venta de comida, dulces, cerveza según la temporada, venta de bolígrafos, comercio de librería, venta de ropa.

La señora Vicencia, presidenta de la banca comunal “Nueva Esperanza” es una de las socias más antiguas, cuenta con ocho ciclos en la banca comunal. Con respecto a su negocio ella lleva 25 años en el negocio de la venta de libros, el crédito que ahora ha solicitado Bs.4000.- que será utilizado para la compra de libros.

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
  • 155
    View loans »
    Bolivia Loans Fundraising
  • $32,292,125
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $3,975 loan helped a member purchase of books.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 25, 2010
Nov 30, 2010
Currency Exchange Loss:
May 15, 2011