Together Forever Group

The group Together Forever is made up of 14 people, who are represented by Mrs. Ximena. The group meets in a particular home every Friday afternoon. Most of the members deliver products on credit to the mining centers of the city of Oruro. As the market and the competition have increased, more capital has become necessary. As a result, they decided to get a loan from the Foundation. They have over five years of experience in their work, and it is the way in which they provide for their families.

Translated from Spanish by Avni Shah, Kiva Volunteer

El grupo Juntos Por Siempre esta conformado por 14 personas las cuales están representadas por la señora Ximena, las reuniones del grupo se realizan en su domicilio particular los días viernes por la tarde, la mayoría de las socias se dedican a la entrega de productos al crédito en los centros mineros de la ciudad de Oruro, como el mercado y la competencia han ido incrementando se necesita mas capital de trabajo por lo cual decidieron optar por un financiamiento de la Fundación, ellas cuentan con experiencia en el trabajo de mas de cinco años y es la forma en la que mantienen a sus familias.


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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