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Nuevo Amanecer Group
In this Group: Luisa Blanca, Flora, Sonia, Maria Rita, Eulalia, Lenny
The Communal Bank “Nuevo Amanecer” (New Dawn) is starting its first loan cycle with Pro Mujer as part of the Senkata Community Center. This group consists of six members and is led by a Board of Directors in which Sra. María serves as the treasurer. The members of the Communal Bank engage in various businesses such as managing a neighborhood store, selling snack foods, selling appliances, operating phone booths, and selling candy.


This loan will benefit small businesswomen such as Sra. María. She says that this is the first time she has joined Pro Mujer after receiving an invitation from a friend who wanted to form a group. María currently has a kiosk where she sells candy. She has become knowledgeable about this business since she started it years ago with some startup capital she had on hand.


The loan she is receiving now will be used to increase her capital for buying snack foods. She acquires her inventory at the fairs in the city of La Paz and then sells it later at her kiosk. Working in this manner enables her to generate income. María is married and has two children.


When asked what she likes about Pro Mujer, María said that she enjoys the training seminars about health and savings.

View original language description ↓
La A.C. “NUEVO AMANECER” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora María es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, venta de golosinas, venta de artefactos, cabinas telefónicas, venta de dulces.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de su amiga que estaba formando un grupo. En la actualidad ella tiene un negocio de kiosco de dulces; da a conocer que este negocio lo emprendió hace años, con un capital básico con el que contaba observó.

El crédito que ahora sacará es para el aumento de capital (compra de golosinas) que adquirirá de las ferias de la ciudad de La Paz y posteriormente lo comercializará en su puesto fijo. Esta forma de trabajo le permite generar recursos pues ella es casada y tiene dos hijos.

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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer Group's $1,775 loan helped a member to buy snack foods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013