Barrio Lindo Group
The main activity of the association is sales, they sale children's clothes, wool sweaters, food, vicuna wool bed sheets, electronic devices, groceries, vegetables and other types of merchandise depending on the season. They offer these products on different markets in the city. They need working capital to increase their merchandise and therefore produce more income for their families.
La actividad principal en la asociación es el comercio, venden ropa para niños, chompas tejidas en lana, comida, mantas de lana de vicuña, artefactos eléctricos, abarrotes, verduras y otro tipo de mercadería dependiendo de la temporada. Productos que los ofrecen en distintas ferias de la ciudad. Ellas precisan capital para incrementar su mercadería de esta manera generar mayores ingresos para sus familias.
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.
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