Luceritos De Los Andes Group

“Luceritos De Los Andes” is the name of a group of 11 persons who have been meeting in the Promujer Los Andes central office for approximately 3 years, and who carry out their activities in a responsible manner. Most of the members are involved in businesses related to food, for example, Lidia and Fanny sell raw fish in the markets in the area, Nincolaza produces and sells lunches, Victoria sells vegetables, and German has a grocery store. The members need capital in order to purchase supplies and products for their businesses.

Translated from Spanish by Lisa Grobar, Kiva Volunteer

“Luceritos De Los Andes”, es el nombre que agrupa una asociación de once personas, se reúnen en el centro focal Los Andes hace tres años aproximadamente y realizan sus actividades de forma responsable.
La base de los negocios que tiene este grupo son los alimentos, por ejemplo Lidia y Fanny se dedican a la venta de pescado crudo, en ferias de la zona, Nincolaza elabora y vende almuerzos , Victoria comercia con verduras, German tienen una tienda de abarrotes. Las socias precisan capital para poder realizar la compra de insumos y productos,



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