Las Andantes 2 Group

Ms. Guadalupe represents the group “ Las Andantes 2.” The group has 13 members who work in a variety of areas like: selling cosmetics, condiments, clothing, and food. The men work in public transportation and home construction. As is common in a large market, there is always a lot of competition among products. This is the reason that the members of the group want a loan. They want to improve the quality of their products and be able to compete with the rest of the market. And in this way get a better daily income so they can meet their obligations and offer their families a better quality of life. For the majority of members, this is the second cycle showing that they are capable of being able to meet their obligations punctually.

Translated from Spanish by Shelly Hubman, Kiva Volunteer

El grupo “ Las Andantes 2” esta representado por la señora Guadalupe e integrada por 13 miembros los cuales se dedican a actividades comerciales como a la venta de cosméticos, condimentos, ropa y comida entre los varones se dedican al transporte público y a la construcción de viviendas. Como es común en un amplio mercado siempre existe la competencia de productos, es por esta razón que los miembros del grupo desean el financiamiento para mejorar la calidad de sus productos y poder competir con el resto del mercado consiguiendo así un mejor ingreso diario para poder cumplir con sus obligaciones y brindar a sus familias una mejor calidad de vida. Para una mayoría de los miembros este es su segundo ciclo demostrando ser capaces de poder cumplir con sus obligaciones puntualmente.


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

Subscribe