Troya Group

The communal bank "Troya" is represented by Margott and formed by 12 members. They own various businesses such as the sale of drinks, cleaning products, clothes, fruits, candies and services like bread-making, message delivery, and public transportation. All of the members sell in markets near their neighborhoods, where there is much competition. Yet, the partners strive and continue moving forward with their businesses to bring in rent to their family.The loan will be used to increase the materials and supplies and raise capital for their businesses to generate income, so they can offer their families a better quality of life. The partners have already worked under the category of solidarity groups so they understand the advantages and benefits involved. In general, they have experience managing borrowed funds and they are honest and responsible with their obligations.

Translated from Spanish by Annie Sheng, Kiva Volunteer

El Banco Comunal "Troya " esta representado por la señora Margott y conformado por 12 miembros los cuales se dedican a diferentes actividades como a la venta de refrescos, productos de limpieza, ropa, frutas dulces a la elaboración de pan , al servicio de mensajeria y al transporte público. Todos venden en mercados cercanos a sus barrios por lo que existe una gran competencia, pero los socios (as) se esfuerzan para sacar adelante su negocio y poder llevar la renta a su familia. El destino del financiamiento es para el incremento de su material e insumos y al incremento de capital para que su negocio genere mejores ingresos y así poder brindar a su familia una mejor calidad de vida. Los socios (as) ya trabajaron bajo la modalidad de grupos solidarios por lo que conocen sus ventajas y beneficios en general tienen experiencia en el manejo de los fondos otorgados y son gente honesta y responsable 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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