Bellas Flores Group

Mrs. Goergina is the representative for the group “Bellas Flores.” This group has twelve members who work in different areas like selling blankets, groceries, motorcycles, clothing, and food. Others provide transportation for passengers in urban areas. These members have a lot of experience in their fields, which is why they are not afraid of competition. They would, however, like to grow their businesses in order to provide their children with better educations and an improved quality of life.

The loans will be used to buy supplies and merchandise, and also to improve the tools of their trades which will help them make more money. All the members of the group have experience with solidarity groups because they have worked with similar organizations. They understand their responsibilities and that they have to work together to get loans

Translated from Spanish by Shelly Hubman, Kiva Volunteer

El grupo “Bellas Flores” están representados por la señora Georgina y conformada por 12 miembros los cuales realizan diferentes actividades como la venta de frazadas, abarrotes, motos, ropa, comida y otros se dedican al transporte público de pasajeros en zonas urbanas. Son socias con bastante experiencia en el rubro por lo que no tienen mucho temor a la competencia del mercado pero si les interesa crecer en sus negocios para tener la capacidad de brindarles a sus hijos una mejor educación y una mejor calidad de vida. El destino del financiamiento es para la compra de insumos, mercadería y para el mejoramiento de sus herramientas de trabajo que coadyuvaran a mejorar sus ingresos diarios. Todas las socias del grupo tienen experiencia en grupos solidarios gracias a los trabajos con instituciones similares a la fundación Agrocapital por lo que conocen de la responsabilidad y la solidaridad que se requiere para obtener un financiamiento bajo esta modalidad.


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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