Funded

Total loan: $3,275
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Nueva Jerusalen Group

Bolivia
Bolivia / Retail

A loan of $3,275 helped a member operating capital.


Nueva Jerusalen Group's story

The “Nueva Jerusalén” (New Jerusalem) group is led by Sra. Elvira and composed of 14 members who are starting their third loan cycle together. They have demonstrated responsibility and honesty with the payments on their previous loans. Most of the members are involved retail businesses selling products such as clothing, hamburgers, groceries, cosmetics, and cleaning supplies. Competition in the sales business is high, but the members know what they need to do to get ahead because their families’ livelihoods depend on their success.

Their loan will be used to increase their inventories, purchase supplies, and acquire tools that will help them do a better job of generating more revenue. As a result, they can achieve a better quality of life. Regarding their credit experience, it was mentioned previously that they are starting their third loan cycle and have been successful and responsible with their payments.

In this group: Elvira, Patricia, Marcela, Silvia Eugenia, Celia Luisa, Cecilia, Guisela, Deicy, Petronilda, Heidy, Zoila, Nelly, Ana Maria, Maria Luisa
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica


Loan details

Loan length:

6 months
Disbursed date: September 1, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 1, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA