Picaflor Group

This is a very old group that is very responsible with their payments. They live in the same neighborhood and know each other well. The group is called Picaflor, and their entrepreneurial bank is in their ninth cycle. Their board of directors is comprised of responsible and active member, and they are very united.

Nicolaza Garcia Calizaza, the president, is the very friendly leader of her group. She has a neighborhood store in her house. She has five children, and her husband works tending phone booths.

Dolores Panosos Guzman, the treasurer, is the founder of the group. She is very responsible. She is single, has married children, but she helps her youngest child and her two grandchildren. She has a neighborhood store. The loan is to increase capital.

Olimpia Miranda Avila, the secretary, is an older member. She sells food as a neighborhood street vendor. She helps her children and her husband who is an investor.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

Es un grupo muy antiguo y muy responsables en sus pagos, viven en un mismo Barrio, donde se conocen bien. Su grupo se llama "PICAFLOR", donde, el Banco de Emprendimiento esta en su 9º Ciclo, la mesa directiva esta conformada por socias responsable y activas, son muy unidas entre ellas, como presidenta esta la señora Nicolaza Garcia Calizaya ,ella es lider de su grupo,muy sociable, tiene tienda de barrio en su domicilio, tiene 5 hijos, su esposo trabaja atendiendo cabinas de telefono. Como tesorera esta la socia Dolores Panoso Guzman quien es fundadora del grupo, muy responsable. Ella es sola con hijos ya casados pero que ayuda al hijo menor y a sus dos nietos, ella tiene su tienda de barrio, el credito lo utiliza para aumento de capital. Como secretaria esta la socia Olimpia Miranda Avila quien es una socia mayor,vende comida ambulando por el barrio y ayuda asus hijos, esposo es rentista.








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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