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Nueva Amistad Group
In this Group: Jovita, Elena, Feliza, Martha, Balentina, Brigida Cristina, Maria, Rita
The cooperative bank “NUEVA AMISTAD” (“New Friendship”) is a group of 8 women who decided to join together for a loan and training. They will be part of the focal center of Panamericana, and are starting their first cycle.

Each one of the members has their own business involving a service, production or commerce. Among them we have: butcher, condiment sales, tailor, seafood sales, neighborhood general store, knitwear, candy and French fries sales.

The organization has a management board comprised of a president, Ms. Elena, a treasurer, Ms. Jovita, and a secretary, Ms. Rita.

The Treasurer, Ms. Jovita, is married and has 5 sons and a daughter. Her business is located at the Lagunas Market, and consists of selling chuño remojado (dehydrated potatoes, re-hydrated for use), boiled wheat, stewed maize, and ground peppers. She started this business on her own three years ago, after taking notice that these types of items were missing at the market (ready for use in the kitchen). On the days she sells, she gets help from her daughter.

The loan portion she requested is 800 Bolivianos, and will be used to buy dehydrated potatoes, wheat, corn and dry peppers. This is her first time working with Pro Mujer and, when asked what attracts her most to the institution, she replies “the savings”.
View original language description ↓
La Banca Comunal “NUEVA AMISTAD” es un grupo de 8 mujeres que han decidido unirse para recibir crédito, capacitación y atención en salud, serán parte del centro focal de Panamericana, ellas están iniciando su primer ciclo.

Cada una de las socias tiene negocio propio, de servicio, producción o comercio. Entre ellos tenemos: carnicería, venta de condimentos, sastrería, venta de pescado, tienda de barrio, tejidos a máquina, venta de dulces en un anaquel, venta de papas fritas.

Para su organización, la B. C. Nueva Amistad cuenta con una mesa directiva integrada por una presidenta, la señora Elena, una tesorera, la señora Jovita y una secretaria de actas, la señora Rita.

La Tesorera, la señora Jovita está casada, tiene 5 hijos varones y 1 hija mujer. El negocio de la señora Jovita se encuentra en la Feria de Lagunas, consiste en la venta de chuño remojado (papa deshidratada que nuevamente es hidratada para ser utilizada), trigo cocido, mote cocido, ají molido. Este negocio fue creado por iniciativa propia hace tres años cuando la señora Jovita se dio cuenta que hacía falta este tipo de productos en la Feria (listos para ser utilizados en la cocina), los días de venta recibe la ayuda de su hijita. El préstamo solicitado fue por Bs.800.- y será destinado para la compra de chuño,trigo, maíz y ají seco.

La señora tesorera nunca había sido socia de Pro Mujer, esta es su primera experiencia, cuando se le consulta que es lo que le atrae de la institución, ella responde “el ahorro”.

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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,432,175
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Amistad Group's $1,725 loan helped a member to purchase dehydrated potatoes, corn, peppers and wheat.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Jan 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011