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Nueva Esperanza Ii Group
In this Group: Maria Roxana, Modesta, Felipa, Blanca Sonia , Lidia Zenobia , Felisa , Ruth Lucero, Marina
The communal bank “NUEVA ESPERANZA II” (NEW HOPE II”) will begin the first cycle in Pro Mujer as part of the Centro Focal de Copacabana. It is composed of eight members and it is directed by a board of directors where Felisa is the Treasurer. The businesses carried out by the members of the communal association are varied, among them are: linen blanket fabrics, a well-stocked shop, a butcher shop, a beer vendor, fabrics for vests, and petticoat stitching.

The loan taken benefits small micro-entrepreneurs where Felisa is a member. She indicates that it is the first time that she joined Pro Mujer, joining by invitation from a promoter of the institution who went to visit her at her house. At the present time she has a blankets and vests fabric business; she says that she learned this business from her sister and later she decided to set up her own business.

The loan that she will now take is to increase capital (wool purchase) that she will buy at the fairs in the city of El Alto, wholesale, and later make her products which she will sell in her stall. This type of work allows her to generate income to support her family, since she is single and has a son.

When asked what she likes about Pro Mujer, she responded that she likes the saving.
View original language description ↓
La A.C. “NUEVA ESPERANZA II” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Felisa es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de mantas de hilo, tienda surtida, carnicería, venta de cerveza, tejido de chalecos, costura de enaguas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Felisa es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de un promotor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido de mantas y chalecos; cuenta que este negocio lo aprendió de su hermana y posteriormente decide implementar su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las ferias de la ciudad de El Alto, por mayor, y posteriormente a la elaboración lo comercializará en su puesto de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que ella es soltera y tiene un hijo.

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

  • $5,500
    Average annual income
  • 201
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Ii Group's $1,550 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013