Fortaleza Group

The group called “Fortaleza” (Strength) has been working with Pro-Mujer for five years. They now have eleven members and have demonstrated themselves to be a group that is organized in paying their loan amounts. Currently this group has a variety of businesses. For example, Roberto sells a variety of toys, others sell cosmetics, or groceries, and some members make sweetbreads and pastries and have tea and cafeteria businesses. They need capital in order to buy more ingredients and merchandise so they can have better incomes; this will allow them to provide better living conditions for their families.

Translated from Spanish by Jennifer Day, Kiva Volunteer

La asociación denominada “Fortaleza” trabaja junto a Pro-Mujer hace cinco años, a la fecha cuenta con once miembros, que han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Actualmente este grupo tiene negocios independientes, por ejemplo Roberto vende variedad de juguetes, otras se dedican a la venta de cosméticos, víveres, además también otras socias elaboran masitas y ofrecen servicio de te y cafetería. Necesitan capital para poder comprar mayores insumos o mercadería para obtener mayores ingresos que les permita ofrecer mejores condiciones de vida a 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

Subscribe