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Lidia's Group
In this Group: Lidia, Jesusa, Ofelia, Exalta, Alicia, Rosse Mary, Sofia*, Esteher, Beatriz, Rose, Aurora, Teresa, Ana, Juana*, Elizabeth*, Wilma, Maribel, Pamela, Soledad
* not pictured
The Nueva Vida ["New Life"] association is part of the Panamericana group in the Bolivian city of El Alto. The association has worked with Pro-Mujer for seven years. Mostly married with an average of five children each, some of the members have been abandoned by their partners andhad to take sole charge of their families. That's what led them to seek out ways to make enough money to support their families.


Nueva Vida members have diverse businesses. Soledad, for example, videotapes social events; Ross has a store selling lubricants; some make different kinds of "masitas" (a local snack); and others earn livings making macrame products. All of the members want to improve their businesses so they're applying for additional funds to buy products for resale or supplies, as the case may be. They are confident that their sales will increase and they'll be able to earn large enough incomes to support their families.

View original language description ↓
La asociación “Nueva Vida” pertenece al centro focal Panamericana, ubicado en la ciudad de El Alto, trabaja junto a Pro-Mujer hace más siete años.
Casadas en su mayoría tienen un promedio de cinco hijos cada una, en algunos casos sus parejas las abandonaron teniendo que hacerse cargo ellas solas de sus familias, es por ello que se vieron en la necesidad de buscar actividades propias que les permita generar recursos para el bien de sus familias.
La asociación “Nueva Vida” tiene diversas actividades, Soledad por ejemplo se dedica a la filmación de eventos sociales, Ross tiene una tienda de lubricantes, otras de ellas realizan variedad de masitas (pastelitos y galletas) en horno industrial, y otras se dedican al tejido de mantas en macrame. Todas las socias del grupo quieren mejorar sus negocios, para esto solicitan mayor capital para comprar insumos y materia prima, dependiendo del caso. Están seguras que sus ventas aumentaran y podrán obtener ingresos suficientes para solventar a sus familias.


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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Lidia's Group's $4,825 loan helped a member buy products for resale or supplies, as appropriate.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2008
Listed
Dec 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009