Semilla Group

The “Semilla” (Seed) Group is led by Sra. Reinalda and is comprised of 13 members (12 women and 1 man) who are really young and dynamic individuals. Their ages range between 20 and 30, but they are very responsible and punctual as demonstrated at their group meetings. Most members engage in retail business selling products such as cosmetics, clothing, food, groceries, and bread. The lone male of the group sells perfumes.

They are aware of the competition and know what they need to do get ahead. Their loan will be used to acquire more merchandise and open new businesses they have planned. This will enable them to grow their enterprises and improve their incomes so that they can improve the quality of life for their families. Even though this is their first loan cycle as a group, they already have experience working with solidarity loans. They know that the support they receive from Fundación Agrocapital is important to keep their businesses afloat and will help them succeed.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Este grupo “Semilla” esta representado por la señora Reynalde y conformada por 13 miembros 12 mujeres y un solo varón son gente realmente joven y dinámica, sus edades comprenden entre los 20 y 30 años pero a pesar de ello son personas responsables y muy puntuales como lo demostraron en las reuniones. La Mayoría de las socias se dedican a la venta de productos como cosméticos, ropa, comida, abarrotes en tiendas de barrio, pan y el varón se dedica a la venta de perfumes. Ellas notan la competencia pero pese a eso saben como salir adelante, el crédito esta destinado a la adquisición de mas mercadería y a la apertura de nuevos negocios que ya tienen planeados y el crédito ayuda a impulsar sus negocios y a mejorar sus ingresos para poder brindarles a sus familias una mejor calidad de vida. A pesar de ser su primer ciclo las socias ya cuentan con experiencia en créditos solidarios y saben que el apoyo brindado por Agrocapital es importante para sacar a flote sus negocios para poder salir adelante.


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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