Zapatito Veloz Group

The "Zapatito Veloz" group has worked with Pro-Mujer for more than three years. They currently have 12 active members and have proven to be organized regarding their loan payments.
The majority of the group are married, with an average of 5 children. They have had to look for other sources of income to meet the growing needs of their children.
There are different businesses within the group, such as sale of shoes, tennis shoes, supplies, cosmetics and others make macramé placemats. Most sell their products in markets. They need capital in order to buy a greater quantity of products which will allow them to generate more income for their families.

Translated from Spanish by Molly Puglisi, Kiva Volunteer

La asociación denominada “zapatito Veloz” trabaja junto a Pro-Mujer hace más de tres años, a la fecha cuenta con doce socias activas, ellas han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Dentro el grupo la mayoría estan casadas y con un promedio de 5 hijos, se ven en la necesidad de buscar otras fuentes de ingresos ya que las necesidades de sus hijos aumentan día a día.
Existen diferentes negocios dentro la asociación como ser; la venta de zapatos, tenis, víveres, cosméticos otras también se dedican al trenzado de mantas en macramé. La mayoría de ellas venden sus productos en ferias de la ciudad Necesitan capital para poder comprar mayor cantidad de productos, de esta manera generara mayores ingresos que les permita ofrecer bienestar a sus familias.



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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