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Oct 11, 2016 5:30 PM ET

Archived: Bolivia: Nueva Alianza Ii Group: A loan of $5,725 helps a member to buy electric appliances wholesale.

iCrowdNewswire - Oct 11, 2016

Nueva Alianza Ii Group

La Paz / El Alto, Bolivia / Home Products Sales
Borrower image

Nueva Alianza Ii Group’s story

The Nueva Alianza II communal association will begin its second cycle in Pro Mujer, as part of the Alto Lima branch. It is made up of nine members, and is led by a board of directors of which Bertha is the president.

The loan they will take out will benefit micro-entrepreneurs such as Bertha. She currently has a business selling electrical appliances. She states that she learned this business on her own initiative some years ago.

She will use the loan to increase her capital to buy electrical appliances wholesale. She will buy them from the vendors in the city of La Paz. Later, she will sell them from her sales space. This manner of work allows her to generate resources to support her family economically, as she is married and has two children.

In this group: Bertha Herminia, Graciela , Marco Antonio , Rosmery , Lucy , Sara Abigail, Carmen Rosa, Virginia, Thalia Paola
*not pictured 

Translated from Spanish by Kiva volunteer Laurie Hiller View original language description

This loan is special because:

It empowers women through group lending. 

Kiva staff

A loan of $5,725 helps a member to buy electric appliances wholesale.

Contact Information:

Nueva Alianza Ii Group

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