Funded

Total loan: $2,800
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Nueva Semilla Group

Bolivia
La Paz, Bolivia / Food Production/Sales

A loan of $2,800 helped a member to purchase more merchandise to sell.


Nueva Semilla Group's story

The Nueva Semilla (New Seed) group bank consists of 14 women and one man who live in Villa Adela, Sensata, Cruz del Sur, Huayna Potosi, and other neighborhoods close to the Viacha Highway in the city of El Alto. The group's leadership board is headed by Maxima T. A., Clara Elena M. D. A. and Irene Q. Y..

The women in the group work in a variety of businesses, including selling maca (Bolivian root vegetable) juice, clothing, food, sweets, pickled vegetables and other foods.

This is the group’s first loan cycle and its members are very excited to work with AgroCapital because of the collaboration's potential benefits, especially the opportunity to expand their businesses. Since the women already know each other from having worked together in group banks at other financial institutions, they know how to support one another. According to the group evaluation done by their loan officer, they are very united and hardworking, so good results are to be expected.

In this group: Maxima, Maxima, Julia Alicia, Ayda Luz, Basilia Ruth, Irene, Maria Nicolasa, Remedios, Clara Elena, Maria, Maxima Elizabeth, Gladys Teresa, Emma Gladys, Victoria, Gerald Camilo*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: September 23, 2008
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 23, 2008
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA