Prosperidad Group

The Prosperity Committee formed as a union of neighbors in the Las Garzas neighborhood in the city of San Antonio. At first, the committee had bad experiences with the program, since they had some people who didn't fulfill their responsibilities, but now they have recuperated their confidence and their solidarity. Prosperity is one of the committees that has succeedeed with good organization and stability in this city. They are only on their fourth loan, but in this time they have demonstrated a lot of capacity to work as a team. In this photograph are 15 of the 16 members of the committee. All of the members have their own activities. Although some have formal jobs, they carry out their businesses in their extra time to increase their income. The committee has a very harmonious relationship among all of their members, and they have demonstrated their unity on various occasions. The carry out their activities as a group, such as solving any inconvenience by making a majority decision.

Translated from Spanish by Tanya Harper, Kiva volunteer

El Comitè “Prosperidad” se formò a partir de la union de vecinas del barrio Las Garzas de la ciudad de San Antonio, en un principio, el comité tuvo malas experiencias con el programa, teniendo en el comité a personas que no cumplian con su responsabilidad, pero hoy ha recuperado la confianza y la solidaridad. “Prosperidad” es uno de los comites que ha logrado una buena organización y estabilidad en dicha ciudad, si bien solamente estan con el cuarto ciclo, en este tiempo han demostrado bastante capacidad de trabajar en equipo. En la fotografia tomada se encuentran 15 de las 16 integrantes del comite. Todas las integrantes tienen sus actividades propias, aunque algunas tienen trabajos formales, desarrollan sus emprendimientos en un tiempo extra para acrecentar sus ingresos. El comité lleva la mas armoniosa relacion entre todas sus miembros y han demostrado su unidad en varias ocasiones, ya sea desarrollando actividades en forma conjunta, como solucionando cualquier inconveniente siempre bajo la decisión de la mayoría.


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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