Señor Del Milagro Group

The group "Lord of Miracles" is represented by María and composed of 13 members who range from 20 to 55 years in age. These people are dynamic and active, as they have demonstrated during their previous cycles. A majority of the members sell various grocery products including food, cosmetics and bread, and the president is a seamstress. As for the competence of the members, they know how to run things thanks to their experience and loyal clientele. The purpose of the loan is to help their businesses grow, increase their capital, acquire materials to increase the size of their businesses and generate more income in order to give their families better opportunities in life. Within the Institute, they are currently in their second cycle, and they have had no difficulty in demonstrating their desire to move forward with their businesses, since the sustenance of their families depends on it and is their reason to keep working.

Translated from Spanish by Amanda McDermott, Kiva Volunteer

El grupo " Señor de Milagros" esta representados por la señora Maria y conformado por 13 miembros los cuales se encuentran comprendidos entre los 20 a 55 años son personas dinámicas y activas como lo han ido demostrando en sus anteriores ciclos. Una mayoría de las socias se dedica a la venta de distintos productos abarrotes, comida, cosméticos, pan y la presidenta se dedica a la costura de prendas de vestir. En cuanto a la competencia las socias saben como controlarla gracias a su experiencia y a su clientela Leal. El destino del crédito es para hacer crecer sus negocios, aumentar su capital, adquirir material para agrandar sus negocios y generar mas ingresos para poder darles a sus familias una mayor oportunidad en al vida. Dentro de la Institución van cursando su Segundo ciclo sin ninguna dificultar demostrando tener ganas para sacar adelante sus negocios ya que de ello depende el sustento de sus familia que es su razón para seguir trabajando.


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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