A loan of $2,200 helped a member to purchase merchandise like pasta, oil, and rice.

Nueva Esperanza Group's story

The Nueva Esperanza Communal Bank is in its eighth loan cycle and the group members have proven to be responsible and hardworking people. The following members serve as the group representatives:

Elvira is the president, and is the leader and founder of the group. She has a business selling groceries on one of the most populous streets in the city of Cochabamba. She is separated and has five children who are all independent of her. Elvira owns her business and the loan that she requested is for the purchase of merchandise like pasta, oil, rice, and to increase her working capital.

Julia is the treasurer and is married with two small children. She has a neighborhood store in her house and she requested the loan to increase her capital. She is a previous borrower and has proven to be a very responsible person and punctual with her payments.

All of the group members are responsible and hardworking people and they are grateful to Emprender for the support provided. One of the group members does not appear in the photo.

In this group: Elvira, Judith Yhenny, Fanny Irene, Rogelia, Teodoro, Fanny Ester, Julia, Filomena

Translator profile picture

Translated from Spanish by Kiva volunteer Kathleen O'Connell

Loan details

Lenders and lending teams

Loan details