Sirari Group

The Sirari group is represented by Maria and its 14 members operate businesses selling food, clothing, bread and groceries; the men work as tailors, cab drivers, brick salesmen and bus drivers. There is a lot of competition for the products and services offered by the group's businesses and the businesses that provide better products or services are the ones that generate the highest earnings. That's why the group acquired funding for the supplies, tools and materials they need to bring products of quality to market and to be able to provide the best, most efficient service. A majority of the members are starting a second lending cycle and have a history of repaying their loans on time.

Translated from Spanish by Jere Wiseman, Kiva Volunteer

El grupo “Sirari” esta representado por la señora Maria y conformada por 14 miembros los cuales se dedican a diferentes actividades como la venta de comida, ropa, pan, abarrotes y entre los varones se dedican a actividades como la sastrería, moto taxista, venta de ladrillos y al servicio de transporte público de pasajeros. Dentro del ámbito de la prestación de servicios y el comercio existe mucha competencia donde aquel que brinda un mejor servicio o un mejor producto es el que genera mayores ganancias; es por esta razón que el grupo adquiere el financiamiento para la compra de insumos, herramientas y materiales para poner a la venta un producto de calidad y brinda un servicio mas eficiente y de calidad. Una mayoría de los miembros va cursando su segundo ciclo demostrando cumplimiento y responsabilidad en los pagos efectuados demostrando ser capaces y con grandes expectativas de crecimiento.




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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