The members of the Guadalupitas (Women of Guadalupe) Communal Bank are represented by Señora Janeth and consists of 13 members among whom there exists a strong relationship. The President and Señora Luisa are cousins but both have their own incomes. The members developed different activities for the La Colorada neighborhood, such as the sale of fruit, meals, clothing, cosmetics, and the participating members are engaged in the mechanics traD. and public passenger transit. With respect to their capabilities, it may be said that they are all conscientious and the loan is granted to improve their businesses with the purchase of merchandise, such as the materials and tools necessary in order to increase their income and thus give their families a better quality of life. The members have experience with solidarity groups since most of the members are working on their second cycle while demonstrating punctuality and responsibility with their payments.
Las socias del banco comunal "Guadalupitas", están representadas por la señora Janeth y conformada por 13 miembros dentro D. los cuales existe un parentesco entre la presidenta y la señora Luisa que son primas pero ambas tienen ingresos propios. Las socias desarrollan diferentes actividades por el barrio la colorada entre ellas la venta D. fruta, comida, ropa, cosméticos y los socios participantes se dedican al servicio mecánico y al transporte publico D. pasajeros. En cuanto a la competencia se pueD. decir que ellas están conscientes D. la misma y el crédito favorece para mejorar su negocio con la compra D. mercaderías así como los materiales y las herramientas necesarias para ayudar a mejorar sus ingresos pudiendo así dar a su familia una mejor calida D. vida. Las socias cuentan con experiencia en grupos solidarios ya que una mayoría D. las socias van cursando su segundo ciclo demostrando puntualidad y responsabilidad en sus pagos.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.