The associates of the communal bank '27 D. Mayo' are represented by señora Sonia and consist of 12 people, the majority of whom are dedicated to food preparation service, and the rest to the sale of products such as cosmetics by catalogues, chickens, and the production of homemaD. bread. Great competition exists within the areas of the group members' work, it is for this reason that they require the credit, for the acquisition of groceries, materials and consumables that help them with the improvement of their profits and to proviD. them with a better quality of life for their family. The associates are experienced with group loans thanks to those who worked with institutions similar to the foundation Agrocapital, which offers them economic support to move their small businesses forward.
Las socias del banco comunal "27 D. Mayo" están representadas por la señora Sonia y conformada por 12 personas que en su mayoría se dedican al servicio D. preparación D. comidas y el resto a la venta D. productos como cosméticos por catálogos, pollos y a la elaboración D. pan casero. Dentro del rubros D. los miembros del grupo existe gran competencia D. oferta D. productos es por esta razón que requieren el crédito para la adquisición D. mercadería, materiales e insumos que ayuden al mejoramiento D. sus ingresos y para bríndales una mejor calidad D. vida a sus familias. La socias cuenta con experiencia en grupos solidarios gracias a que trabajaron con instituciones similares a la fundación Agrocapital la cual les brinda un apoyo económico para sacar adelante sus pequeños negocios.
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.