Las Andantes 2 Group

The Las Andantes 2 community bank is represented by Sra. Guadalupe. Its members are responsible people who work together to improve the lives of their families and to excel as a team. They own various businesses selling products such as meat, vegetables, fruits and groceries and services such as dress-making and painting. They're hard-working and responsible because they support their families with their businesses. Most of the group's members joined the last [borrowing] cycle so they have experience working together and they offer incentives to new members to be responsible borrowers. The purpose of the loan is to fund the purchase of goods for resale and work tools.

Translated from Spanish by Jere Wiseman, Kiva Volunteer

El banco comunal "LAS ANDANTES 2" esta representado por la señora Guadalupe, sus integrantes son gente responsable que trabaja unida para sacar adelante a sus familias y sobresalir como un buen grupo de trabajo, los socios se dedican a actidades de comercio como a la venta de carne, verdura, frutas y abarrotes algunos tienen actividades como la costura y la pintura son gente emprendedora y responsable ya que mantienen a sus familias con su trabajo. los miembros del grupo participaron en el anterior ciclo en su mayoría por lo que tiene experiencia en el trabajo con grupos solidarios e incentivan a las integrantes nuevas a ser personas responsables en sus pagos. El destino del financiamiento es para el incremento de insumo para la venta y compra de materiales y herramientas de trabajo.


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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