Estrella De Mar Group

The Estrella de Mar (Ocean Star) Loan Group consists of Don Tito and Doña Dunia, who are cousins living in the same neighborhood but in different houses.
Doña Dunia works at producing gold and silver jewelry. Aside from this activity she prepares chicken, fried or fricasseed, on the weekends. The loan is intended for the purchase of two containers for preparing fried chicken and also to buy gold and precious stones for making jewelry.
Don Tito is a computer technician who works at setting up computers, installing networks, digitalizing videos, etc. His loan is intended for the purchase of a personal computer.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer

"Estrella de Mar es el Grupo constituido por don Tito y doña Dunia, los mismos que son primos y viven el la misma zona pero en casas distintas.
Doña Dunia, tiene por actividad la elaboración de joyas tanto de oro como de plata, a parte de esa actividad prepara chicharron de pollo y fricase los fines de semana. El crédito está dirigido a la compra de dos recipientes para preparar chicharron de pollo y ademas de comprar oro y piedaras preciosas para la elaboración de joyas.
Don tito es técnico en computación, su actividad esta relacionado con el arreglo de computadoras, la instalación de redes, la digityalización de videos, etc. El crédito está dirigido a la compra de una computadora personal."








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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