The Flor de Tajibo Group was created and organized in the La Esperanza neighborhood in the central zone of Montero, Bolivia. They are a group who work enthusiastically with the economic support which will help them to improve their small businesses, which include: selling bread, clothing, shoes and prepared food; selling cosmetics by catalog or groceries in the neighborhood store, and also trades such as tailoring and housing construction. They will obtain materials, ingredients and tools that will help them to generate greater incomes in order to provide their families with a better quality of life. Competence is not a problem for this group, they only need the boost the institution will provide them in order to get ahead without worrying. Despite the fact that they don't have a lot of experience with solidarity loans, the members of this group know the responsibility that is required in order to fulfill their obligations.
El grupo “Flor de Tajibo” fue conformado y creado en el barrio la esperanza, zona central de montero, un grupo con entusiasmo de trabajar con el apoyo de un financiamiento económico que ayudara a mejorar sus pequeños negocios de venta de cosméticos por catálogos, pan, ropa, zapatos, abarrotes en tienda de barrio, comida y a sus negocios de sastrería y construcción de viviendas con la adquisición de materiales, insumos y herramientas que ayuden a genera mayores ingresos para brindar a sus familias una mejor calida de vida. La competencia no es problema para los socios de este grupo pues solo necesitan el impulso que les brinda la Institución para seguir adelante sin preocupaciones. A pesar de no contar con mucha experiencia en créditos solidarios los socios de este grupo conocen la responsabilidad que se requiere para el cumplimiento de sus obligaciones.
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.