San Pedro Y Pablo Group

The 'San Pedro y Pablo' group is represented by Yolanda, and is made up of 13 members, the majority of whom work selling products such as food, cosmetics, glass and clothing. Other members work in public transport, laundry services, panel-beating and hair-dressing. Within the sphere of commercial goods and services there is a lot of competition, but the members depend greatly on their earnings to move ahead, and use their experience and human qualities to not allow the competition to win.

This loan will be used to buy supplies and materials, and to repair their work tools so they are able to offer quality products and services. The members already have experience working in solidarity groups, through their earlier participation in organizations similar to Fundacion Agrocapital. They have the knowledge to manage and administer their funds as well as the responsibility to fulfil their obligations.

Translated from Spanish by Sally Bolton, Kiva Volunteer

El grupo " San pedro y Pablo" esta representado por la señora Yolanda y conformada 13 miembros que en su mayoría se dedican a actividades de venta de productos como comida, cosméticos, vidrio, ropa y otros miembros se dedican a actividades como el trasporte público de pasajeros, servicio de limpieza, chaparía y servicio de peluquería. Dentro del ámbito comercial y de servicios existe mucha competencia pero mucho depende de las ganas que se tienen para salir adelante, la experiencia y la calidad humana para no dejarse ganar con la competencia. El crédito esta destinado a la compra de insumos, materiales y para la reparación de sus herramientas de trabajo para poder brindar un producto y un servicio de calidad. Los socios (as) cuentan con experiencia en grupos solidarios por su anterior participación en instituciones similares a la fundación Agrocapital, ellos (as) tienen conocimiento sobre el manejo y administración de fondos así como la responsabilidad para cumplir con sus obligaciones.


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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