Funded

Total loan: $3,975
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Nueva Esperanza Group


A loan of $3,975 helped a member purchase of books.


Nueva Esperanza Group's story

The communal bank "NUEVA ESPERANZA" is an old group at the community center of Villa Exaltación, and has completed 14 cycles, which is to say seven years. The board of directors for this 15th cycle has Mrs. Vicencia as president, Carmen as treasurer, and Mrs. Candelaria as recording secretary. The businesses of the women are different, amongst them we have: pen sales, fruit sales, vegetable shop, tableware sales, event planning (food preparation, tableware rental and party decoration), retail sales, food sales, sweets, beer according to the season, pen sales, bookshop, clothing sales.

Mrs. Vicencia, president of the communal bank "Nueva Esperanza", is one of the oldest members, and has completed eight cycles in the communal bank. With respect to her business, she has been in the book selling business for 25 years. The loan which she is asking for, BOB 4000, will be used to buy books.

In this group: Vicencia, Dina, Vania, Irene, Candelaria, Raquel Giovana, Carmen, Maria Antonieta, Felicidad, Juana
*not pictured

Translated from Spanish by Kiva volunteer Melissa C


Loan details

Loan length:

7 months
Disbursed date: November 25, 2010
Facilitated by Field Partner: Fundación Pro Mujer

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: November 25, 2010
Facilitated by Field Partner: Fundación Pro Mujer