Jerusalen Group

The Jerusalén group has 13 members, and Elia represents the group. The group is in its fourth loan cycle. They demonstrate responsibility and honesty in their payments.

A relationship within the group exists between Yolanda and Evelin. They are cousins, but their incomes are totally independent of each others.

The members are involved in different types of businesses like selling food, selling cosmetics by catalog, selling groceries, and making clothes.

The loan is for the acquisition of materials, supplies, and tools that will help generate greater income. This will give their children a better education and a better quality of life.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

El grupo “Jerusalén” esta representado por la señora Elia y conformado por 13 miembros los cuales van cursando su cuarto ciclo demostrando responsabilidad y honestidad en sus pagos. Dentro del grupo existe un parentesco entre la señora Yolanda y Evelin que son primas pero con ingresos totalmente independientes una de la otra. En general las socias se dedican a diferentes tipos de negocios como la venta de comida, cosméticos por catalogo, abarrotes y a la costura de prensas de vestir. . El destino del financiamiento es para la adquisición de materiales, insumos y herramientas que ayuden a generar un mayor ingreso que servirá para brindarles a sus hijos una mejor educación y una mayor calidad de vida


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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