Guaracal Group

The Guaracal Group, represented by Ms. Lina Constancia, is comprised of 12 members who are all acquainted. They are currently in their fourth loan cycle, having demonstrated their punctuality, honesty, and responsibility in making their payments. Some members sell food, clothing, beverages, cosmetics, or fruit, while other members provide transportation or technical services. As in all business spheres, there exists certain competition, but the main difference is their desire to get ahead and support their families. The loan will be used to expand their businesses, as well as to obtain materials and supplies that will help them improve the quality of their products. This will make them more competivite, which will in turn generate more income, giving them the chance to improve their family’s quality of life.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer

Las socias “Guaracal” esta representada por la señora Lina Constancia y conformada por 12 miembros que se conocen entre si y que van cursando juntos ya su cuarto ciclo demostrando puntualidad, honestidad y responsabilidad en sus pagos. Todas las socias realizan actividades comerciales de venta de productos como comida, ropa, refrescos, cosméticos, frutas, servicio de transporte y técnicos. Como en todo rubro de comercio existe la competencia en sus diversas actividades pero lo que hace la diferencia es las ganas de salir adelante para el sustento de sus familias. El destino del financiamiento e para la ampliación de sus negocios así como para la adquisición de materiales e insumos que ayuden a mejorar la calida de sus productos para hacerlos mas competitivos en el mercado y poder generar mayores ingresos que les den la posibilidad de mejorar la calidad de vida de 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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