A loan of $2,175 helped a member to buy canned fish in quantity.

Vida Nueva Group's story

VIDA NUEVA (New Life) is a communal bank located in the south of La Paz in an area called Chijipata. Because it’s a distant area it doesn’t have reliable public transportation services. There is only one minibus company that comes into the area and in many cases it’s the source of employment in the area. It has 8 members who for the most part are merchants.

Alicia, group President, was elected by her fellow members because of her solidarity and responsibility. Alicia sells fish in several sections of the city of La Paz. She has two school age children and also lives with her husband who is a bricklayer. Both contribute to household expenses and dream with having their own little house because they currently live as caretakers in the same area.

The loan will be used to increase working capital to buy canned fish because she has several pending orders and many customers in the area and she’ll have more income to improve her family’s living conditions.

In this group: Alicia, Beatriz, Jose Luis, Omar Osvaldo, Elisa Rufina, Juana Guadalupe, Maria Teodora, Sofia

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details