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Nuevas Amigas Group
In this Group: Concepción Paola , Lucila , Abigail , Martha Irene, Emma Veronica , Catalina
The A.C. Nuevas Amigas will begin its first loan cycle with the German Busch regional center of Pro Mujer, and is made up of 6 members with a board headed by Concepción. The members of the communal bank are involved in various types of businesses, among which are the sales of DVDs, nylon stockings, food, braided rugs, macrame weavings, and bread.

Concepción says that this is her first time working with Pro Mujer and that she joined the community bank through the invitation of a promotion. Currently she has a knitting business and has been doing this work for some years, learning it from her family.

The loan that she is now asking for is to raise capital to use in the purchase of wool from the 16 de Julio Market, which she will then sell. This way of work permits her to earn income in order to support her family; she is single.

When asked what she likes about Pro Mujer, she responds that she likes everything about it.
View original language description ↓
La A.C. “NUEVAS AMIGAS” iniciará su primer ciclo en Pro Mujer, como parte del centro focal German Busch, está compuesta por seis integrantes y está dirigida por una mesa directiva encabezada por la señora Concepción. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de DVD, venta de medias Nilon, venta de comida, trenzado de mantas, tejido de macramé, venta de pan.

La señora Concepción, indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de tejido que viene trabajando hace años, aprendiendo el mismo de su familia.

El crédito que ahora sacará es para aumentar su capital (compra de lana) que comprara de la 16 de julio y posteriormente lo venderá a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia, es soltera.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $30,126,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevas Amigas Group's $850 loan helped a member to buy wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012