Santa Barbara Group

The group called “Santa Barbara” is represented by Mrs. Leidy Nahir and 13 members who have shown punctuality, responsibility, and desire to work to succeed since the first cycle. The majority of the members have small shopping businesses such as selling clothes, shoes, poultry, groceries, and the production of articles of clothing.Competition within their area is high but the members have been working for years and can count on loyal clients and experience in the business so competition does not worry them much. The funding will be used to purchase merchandise, supplies, and materials that will help generate greater profits to offer their families higher standards of living. As far as the credit experience comes these members are pursuing a deeper cycle in the institution, always demonstrating punctuality and responsibility in their payments since not only the obligated payments depend on those qualities but the support and future of their families as well.

Translated from Spanish by Susan Garza, Kiva Volunteer

El Grupo de socias denominado “Santa Barbara” esta representadas `por la señora Leidy Nahir y conformada por 13 miembros los cuales demostraron desde el de primer ciclo puntualidad, responsabilidad y ganas de trabajar para salir adelante. La mayoría de las socias tienen pequeños negocios comerciales como venta de ropa, zapatos, pernos comida, pollo, abarrotes en tiendas de mano y a la elaboración de prendas de vestir . La competencia dentro de su rubro es alta pero las socias del grupo ya trabajan años y cuentan con clientela fiel y experiencia en el negocio por lo que no le preocupa mucho la competencia. El destino del financiamiento es para la adquisición de mercadería, insumos y materiales que ayuden a generar mayor rentabilidad para brindarle a su familia una mejor calidad de vida. En cuanto a la experiencia crediticia las socias van cursando un ciclo mas dentro de la institución demostrando siempre puntualidad y responsabilidad en sus pagos ya que de ello depende no solo el pago de su obligación si no también el sustento y futuro de toda su familia.


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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