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Jul 6, 2016 4:48 EST

Bolivia: A portion of Nuevo Dia Group’s $5,825 loan helps a member to buy fish, oil, and freeze-dried potatoes to cook fish dishes at her stand beside the lake.

iCrowdNewswire - Jul 6, 2016

Nuevo Dia Group

 
 
 
El Alto, Bolivia / Food Production/Sales
 
 
 
 
 
Borrower image
 
 
 
 

Nuevo Dia Group’s story

Teodora is a 36 year old woman. She lives with her partner and has three sons who are 3, 6, and 11 years old, and two daughters who are 4 and 14 years old. Her business is the sale of fish dishes. Her works takes place by the shore of Lake Titicaca.

Teodora lives with her partner who is a fisherman and their children who study at school. They live in their own adobe room that has electricity. She can be seen wearing a tracksuit and black jacket carrying a baby in her aguayo (rectangular piece of fabric which has various uses including carrying a child on the back). She is the leader of the group. The members work selling quinoa, potatoes, freeze-dried potatoes, fish, dairy, woven blankets, and in agriculture.

Her business is selling fish meals. She is known for the varieties of lake fish and the traditional foods are: fried trout, wallake (fish soup) and ispi fish served with freeze-dried potatoes, and other dishes. She has an outdoors fixed stand along the shore where visitors come and go to the island of Copacabana. “I inherited the sales stand from my mother as a way to become independent,” she says. Her business is successful because the area is very busy. The advantage is that sales are made daily. The disadvantage is the lack of kitchen supplies. Her dream is to put in a roof over her sales stand.

She wants to buy kitchen supplies such as fish, oil, freeze-dried potatoes, and other items. This is her first loan sequence with the institution in the twenty years she has been in this work.

These are the reasons that Teodora is asking for a loan to buy fish, oil, and freeze-dried potatoes to cook fish dishes at the shore of the lake.

In this group: Lourdes, Eva Liliana, Elizabeth, Marilu, Teodora Vero , David Bernabe, Lourdes Celia, Alci
*not pictured

 

 

This loan is special because:

It expands access to credit.
 

 

Jon
Kiva staff

 

More about this loan

 

About Emprender:

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

 

 

Translator profile picture

Translated from Spanish by Kiva volunteer Gail LeGrandView original language description

 

 

A portion of Nuevo Dia Group’s $5,825 loan helps a member to buy fish, oil, and freeze-dried potatoes to cook fish dishes at her stand beside the lake.

 

 

Contact Information:

Nuevo Dia Group

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