Zapatito Veloz Group

“Zapatito veloz” is a group of ladies who work happily together with their credit assessor. There are twelve members of the group/ Marcelina Aliaga is one of their oldest members, and she remembers that there was a time when she decided to leave the group, but as time went by she missed her friends and decided to go back to the group. She also says that in other financial groups they ask for cash guaruntees in order for the loan to be processed, but in Pro Mujer there only ask for a verbal one. All the members have different businesses like selling soft drinks, clothes, confectionary, furniture, fruit, coffee, meat, and they need the loan to buy merchandise or instruments for work like blenders or a cart to carry fruit in or a table to put display their cakes on.

Translated from Spanish by Liz Harvey, Kiva Volunteer

“Zapatito veloz” es un grupo de señoras que trabajan alegremente junto a su asesora de crédito y cuentan con 12 integrantes. Marcelina Aliaga es una de las más antiguas socias, ella cuenta que hubo un tiempo en que decidió dejar a su grupo, pero con el pasar del tiempo extraño a sus amigas y decidió regresar, además dice que en otras entidades financieras les piden garantías reales para acceder al préstamo y en Pro Mujer solo piden la garantía solidaria. Todas las integrantes tienen diferentes negocios como la venta de refresco, ropa, pastelería, muebles, fruta, cafetería, carnicería, ellas necesitan el préstamo para la compra de mercadería o instrumentos de trabajo como licuadora, carrito para llevar las frutas, mueble para exponer los pasteles.




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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