Horizonte Group

The members of the community bank Horizon are members of the International Neighborhood and are represented by Mrs. Rulidelfi. As neighbors in the community they decided to organize to request the loan since they are trustworthy people.

The members have different businesses, some already in established locations and others mobile, like selling cosmetics, selling bread, a grocery store, and selling meals. The male group member is a driver with his own transportation. All the members have daily economic activity. Regarding the competition, they can say that they are aware of it but know how to move ahead thanks to their experience and their desire to work.

The credit is intended to supply their businesses with new products of better quality and for the purchase of supplies, materials, and tools for better performance and for the purchase of spare parts. With respect to Agrocapital, 70% participated in a first loan cycle and according to the analysis carried out have good moral responsibility and the capacity to repay.

Translated from Spanish by Daniel Burke, Kiva Volunteer

LAS SOCIAS DE LA BANCA COMUNAL "HORIZONTE", SON SOCIAS DEL BARRIO INTERNACIONAL Y ESTAN REPRESENTADAS POR LA SEÑORA RULIDELFI. COMO VECINAS DEL BARRIO DECIDIERON ORGANIZARCE PARA SOLICITAR EL CREDITO YA QUE SON GENTE DE CONFIANZA. LAS SOCIAS TIENEN DIFERENTES NEGOCIOS ALGUNOS YA ESTABLECIDOS Y OTROS AMBULANTES COMO VENTA DE COSMETICOS, VENTA DE PAN, TIENDA DE ABARROTES Y VENTA DE COMIDA, EL SOCIO PARTICIPANTE ES CHOFER CON MOVILIDAD PROPIA, TODOS TIENEN UN MOVIMIENTO ECONÓMICO DIARIO. EN CUANTO A LA COMPETENCIA SE PUEDE DECIR QUE ELLAS ESTAN CONSCIENTES DE LA MISMA PERO SABEN COMO SALIR ADELANTE GRACIAS A SU EXPERIENCIA Y SUS GANAS DE TRABAJAR. EL CREDITO ESTA DESTINADO A SURTIR SUS NEGOCIOS DE NUEVOS PRODUCTOS DE MEJOR CALIDAD Y A LA COMPRA DE INSUMOS, MATERIALES Y HERRAMIENTAS PARA UN MEJOR DESEMPEÑO Y A LA COMPRA DE REPUESTOS. LO QUE RESPECTA A AGROCAPITAL UN 70% PARTICIPARON EN UN PRIMER CICLO, Y SEGÚN EL ANALISIS REALIZADO TIENEN BUENA SOLVENCIA MORAL Y CAPACIDAD DE PAGO.


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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