Amigas Por Siempre (friends Forever) Group

The "Friends Forever" Association has fourteen members, and it was founded approximately three years ago. Marina Cori is one of the first members. She was there when the group was founded by inviting neighbors and acquaintances from the Los Andes zone. She remembers that in spite of the fact that the members lived close to the same area, they didn't have very much social contact. However, through attendance at their group meetings, they have become a very united and happy group.

The group members work at different activities, including the sale of vegetables, shoes, and decorations. However, the main activity of the group is based on clothing. They make skirts, kitchen aprons, pants, and blouses. They also weave blankets and sweaters. Then, they sell their products in stands and stores in the city. They want to expand their production, and for this they need capital to purchase raw material so they will have the certainty of earning better profits.

Translated from Spanish by Leah Karlins, Kiva Volunteer

La asociación “amigas por Siempre” está formada por catorce integrantes, nace aproximadamente hace tres años, Marina Cori es una de las mas antiguas, cuenta que el grupo se conformo invitando a vecinas y conocidas de la zona Los Andes, ella recuerda que a pesar que las socias vivían cerca la misma zona no tenían mucho trato social, pero a medida que asistieron a las reuniones lograron formar un grupo muy unido y alegre.
Este grupo se dedica a diferentes actividades como ser: venta de verduras, zapatos, adornos, pero la actividad principal de este grupo esta basado en la ropa, realizan confecciones de polleras, mandiles de cocina, pantalones, blusas, también realizan tejidos de mantas y chompas.Luego comercializan sus productos en puestos y tiendas de la ciudad. Desean aumentar su produccion, para esto necesitan capital para comprar materia prima, tienen la seguridad de obtener mejores ganancias.



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