Pucarita Chica Group

This group is made up of individuals from different economic activities as well as from different social and cultural levels. The partners have different activities such as sale of meat and vegetables, store, buying and selling cell phones, buying and selling used tires, hairdressing. There is competition with other institutions but they prefer Agrocapital as the devolution of savings is immediate. Generally the loan will be used to increase work capital. The ladies have previously worked with other financiers so the partner are acquainted with the methodology of communal banking.

Translated from Spanish by Lene Struck Christensen, Kiva Volunteer

Este grupo esta conformado por personas de distintas actividades económicas y tmabién clases sociales y culturales. Las socias se dedican a diferentes actividades como ser: venta de carne y verduras, tienda, compra y venta de celulares, compra y venta de llantas usadas, peluquería. Existe competencia con otras instituciones, pero prefieren Agrocapital porque existe la devolución de ahorros de inmediato. Generalmente el crédito destina para aumento de capital de trabajo. Las señoras anteriormente trabajaron en otras financieras o sea que las socias conocen la metodología de banca comunal.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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