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Nueva Solidaridad Group
In this Group: Celia Roxana, Mery Marisol, July Tania, Maria Reyna , Fabiola, Rosa Arminda
The "Nueva Solidaridad" communal bank will begin its first loan cycle with Pro Mujer through the Alto Lima regional office. It is composed of six members, and is led by a Board of Directors of which Mery is the treasurer. The businesses that the members of the communal bank carry on are varied, and include: knitting sweaters, sale of cheese, sale of perfumes, sale of clothing, sale of hair clips, and builder's helper.

The loan they will now take out will benefit small-business owners, of which Mery is one. She says that she joined Pro Mujer two years ago, at the invitation of a field representative who came to visit her at home. Currently she has a business selling cheese. She says that she learned this work from her mother years ago, and subsequently began her own venture.

The current loan is so that she can increase her working capital by buying cheese, which she will acquire from the people in her community who make it. Later, she will sell it in the markets in the city of El Alto. This form of work allows her to generate income for supporting her family as far as possible, as she is in a common-law relationship and has four children.

When asked which she likes about Pro Mujer, she answers that she likes the loans and the savings program.
View original language description ↓
La A.C. “NUEVA SOLIDARIDAD” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Mery es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de chompas, venta de queso, venta de perfumes, venta de ropa, venta de trabitas, ayudante de albañil.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Mery es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una promotora que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de queso, da a conocer que esta actividad la aprendió de su madre hace años, posteriormente inicio su propio emprendimiento.

El crédito que ahora sacará es para el aumento de capital (compra de queso) que adquirirá de las personas que elaboran de su comunidad, posteriormente lo comercializará en las ferias de la ciudad de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los créditos y los ahorros.

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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Solidaridad Group's $1,650 loan helped a member to buy cheese.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013