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Nuevo Amanecer Group
In this Group: Herminia , Gabriela, Victoria , Regina , Natalio , Vilma Lurdes, Celia , Modesta
The ‘Nuevo Amanecer’ (New Dawn) communal bank will begin its first cycle with Pro Mujer as part of the Copacabana Focal Center. It is comprised of eight members, and it is led by a board of directors. Herminia is the president. The members’ business activities are varied and include farming, selling pigs and sheep, selling food, selling cattle, and making mattresses.

The loan that they will take out will benefit small businesswomen where Herminia is a member. She says that this is the first time she has been a part of Pro Mujer. She joined by invitation from a representative of the institution who went to visit Herminia at her house. She currently has a business making mattresses. She explains that she learned this business when she was a young girl helping her mother. When Herminia got married she decided to undertake the business independently.

The loan that she will now take is to increase capital (to buy fabric) that she will get at the stores in the city of El Alto. After making the mattresses she will sell them to the wholesale merchants. This way of working allows her to generate resources to support her household as much as possible. She is married and has three children. When asked what she likes about Pro Mujer, she responded that she likes the trainings about health and loans.
View original language description ↓
La A.C. “NUEVO AMANECER” 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 Herminia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: agricultura, venta de ganado porcino y ovino, venta de comida, venta de ganado vacuno, elaboración de colchones.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Herminia 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 elaboración de colchones; da a conocer que este negocio lo aprendió desde niña al ayudar a su madre y al casarse decide emprender un negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de tela) que adquirirá de las tiendas de la ciudad de El Alto y posteriormente a la elaboración lo comercializará a los comerciantes que venden por menor. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene tres hijos.

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

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
  • 183
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    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 $1,200 loan helped a member to buy fabric.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013