Niño Divino Group

The group “Niño Divino” [“Divine Child”] is composed of 12 members that reside in the same neighborhood; the group members are represented by Saturnina. The majority of the group members dedicate themselves to the production and sale of bread, and some sell clothing, food, and flowers. Competition at the commercial level is high, but the group members have a lot of experience, and know how to move their businesses forward by offering a variety of products of good quality. The loan will be used to purchase modern tools to make higher quality bread in less time; they will also use the loan to acquire merchandise that will better match the demands of the market, especially for the change of season. The group members will be in their first loan cycle but they already count on experience in solidarity groups; they are committed to giving everything of themselves to get ahead in life with responsibility and unity.

Translated from Spanish by Mariela Cedeno, Kiva Volunteer

Las socias del grupo “Niño Divino” están representadas por la señora Saturnina y conformada por 12 miembros que residen en el mismo, la mayoría de las socias de dedican a la elaboración y comercialización de pan y algunas a la venta de ropa, comida y flores. La competencia a nivel comercial es lata pero la socias tienen mucha experiencia y saben como sacar adelante sus negocios ofreciendo productos variados y de buena calidad. El destino del financiamiento es para adquisición de herramientas mas modernas para realizar un pan de mayor calidad en menor tiempo, también para la adquisición de mercadería mas acorde a las exigencias del mercado en especial para el cambio de temporada. La socias van cursando su primer ciclo pero ya cuentan con experiencia en grupos solidarios por lo se comprometen a dar todo de si para salir adelante con responsabilidad y unidad.


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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