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Nueva Amistad Group
In this Group: Lidia Arminda, Feliza, Maria , Jose Luis, Jubia, Maria, Brigida Cristina, Graciela
The communal bank "Nueva Amistad" (New Friendship) will begin its sixth loan cycle in Pro Mujer as part of the Pan American Focus Point. It is made up of eight members and directed by a Board of Directors of which Brigida is the secretary. The businesses that the communal bank's members are moving forward are varied. Among them are: backpack sewing, fish sales, vegetables sales, crafting of Awayos (traditional Bolivian weavings), a grocery store, sock sales, and sportswear sewing.

The loan they will take out will benefit small scale micro-entrepreneurs, one of which is Brigida. She says that two years ago, she joined Pro Mujer, entering at the invitation of her friends who are partners of the institution and who told her about the type of work that they were doing there. Currently, she has a weaving business and sells macrame blankets. She started this business five years ago, learning from the help she gave her mother in the same business.

The loan she will take out is for the expansion of her business. She will buy a sales stall that she will acquire at a regional fair in the city of El Alto, in order to be able to settle into a location and not have to walk around to different places. This type of work permits her to generate resources for her family since she is married and has five children.

When she is asked what she likes about Pro Mujer, she responds that she likes the health and credit trainings.
View original language description ↓
La A.C. “NUEVA AMISTAD” iniciará el sexto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Brigida es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de mochilas, venta de pescado, venta de verduras, artesanía en awayos, tienda de abarrotes, venta de medias, costura de deportivos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Brigida es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación sus amigas que son socias de la institución y le comentaron de la forma de trabajo que se realiza. En la actualidad ella tiene un negocio de tejido y venta de mantas a macramé; este negocio lo inicio hace quince años atrás, aprendiendo de la ayuda que realizaba a su madre en el mismo negocio.

El crédito que ahora sacará es para la ampliación de su negocio (compra de puesto de venta) que adquirirá en una feria zonal de la ciudad de El Alto, para poder instalarse y no deambular en varios lugares. Esta forma de trabajo le permite generar recursos para su familia ya que ella es casada y tiene cinco 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.

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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 Amistad Group's $4,525 loan helped a member to buy a sales stall.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014