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Nuevo Renacer Group
In this Group: Zulma, Ruth Mery, Diana, Dency Briyith, Ronald Alberto, Dora, Dionicia, Cielo Vanessa, Maria Ruby, Ignacio, Marisol, Ignacia, Isabel
The members of the community bank “New Rebirth” belong to an area of the neighbourhood Las Pampitas, and they are represented by Señora Zulma. Most of the members have small children in the neighbourhood. As a blood link, there is the family, raising the field, and absolutely no affiliations.
The members do different economic activities, like selling clothing, cosmetics, shoes, jewelry, and the members participate in order to have their allowance of food. As in all commercial areas, there always exists supply and demand, especially in the commercial sector, but they know how to cope with the commercial ambiance.
This loan would be destined to increase merchandise and improve working conditions. The members don’t have much experience in working with solidarity groups, but it is a reasonably dynamic group and disposed to assume the responsibility that is implied in group finances.
View original language description ↓
Las socias de la banca comunal “Nuevo Renacer” pertenecen a la zona del barrio las pampitas y están representados por la señora Zulma, la mayoría de las socias tienen sus pequeños negocios en su zona. Como nexo consanguíneo esta la familia céspedes E. y de afinidad ninguno. Las socias realizan diferentes actividades económicas, como venta de ropa, cosméticos zapatos, joyas, y el socio participante atiende su pensión de comida. Como en todo rubro comercial siempre existe la competencia de la oferta y la demanda especialmente en el sector comercio pero ellos saben desenvolverse en el ámbito comercial. El crédito esta destinado para el incremento de mercadería y al mejoramiento de los ambientes de trabajo. Los socios (as) no tienen mucha experiencia en el trabajo con grupos solidarios pero es un grupo bastante dinámico y dispuesto a asumir la responsabilidad que implica un financiamiento grupal.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $5,500
    Average annual income
  • 124
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Renacer Group's $1,850 loan helped a member operating Capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 24, 2008
Feb 1, 2009
Currency Exchange Loss:
May 15, 2009