El Sol Group

The members of grupo El Sol, which belongs to Centro Focal Collpani, have businesses that sell animal food, spare parts, fish, food, and mostly clothing. They started the group recently, because they needed to improve their businesses. For example Paulina Quiñones, who is 28 years old and single, was persuaded to join the group when a friend invited her because she has a small business that makes food, and she needs to buy a small oven that will allow her to increase her production level. The rest of the group's members also need the loan to invest in their businesses, purchasing merchandise. Lead by their board, they write the internal rules of their association.

Translated from Spanish by Esteban Riojas, Kiva Volunteer

Venta de alimento para animales, repuestos de movilidad, pescado, comida y en su mayoría venta de ropa son los negocios de las integrantes del grupo El Sol que a su vez pertenece al Centro Focal Collpani. Se agruparon recientemente, por la necesidad de mejorar sus negocios. Así por ejemplo Paulina Quiñones de 28 años, soltera se animó a ingresar al grupo porque su amiga la ha invitado ya que ella tiene su pequeño negocio de elaboración de masitas y ahora desea comprarse un pequeño horno que le permita incrementar su nivel de producción.
Las demás integrantes del grupo también necesitan del préstamo e invertir en sus negocios, comprando mercadería.
Liderizadas por su mesa directiva elaboran su reglamento interno de su Asociación.




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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