The "San Pedro y Pablo" Group is represented by Yolanda and is made up of 12 members who, for the most part, are dedicated to selling products such as catalog cosmetics, glass, clothing, and food while others are dedicated to public transportation and car detailing. Competition in the commercial area is high, but the members know how to get ahead, as they demonstrated with their last loan with this institution. This new loan is destined for the acquisition of merchandise, materials and tools so they may continue increasing their income and are able to provide their families a better quality of life. Their experience with the last loan helped them to have a better capacity to pay and economic support to keep fighting to get their businesses ahead and grow along with Agrocapital Foundation.
El Grupo “San pedro y Pablo” se encuentran representado por la señora Yolanda y conformado por 12 miembros que en su mayoría se dedican al comercio de productos como cosméticos por catálogos, vidrio, ropa, comida y otros se dedican al trasporte público de pasajeros y a la chapería de vehículos. La competencia en el rubro comercial es elevada pero las socias saben como salir adelante como lo han demostrado en su anterior ciclo con la Institución. El destino del nuevo financiamiento es para la adquisición de mercaderías, materiales y herramientas para seguir incrementando sus ingresos y poder brindarles a sus familias una mejor calidad de vida. Su experiencia en el anterior ciclo les ayudo a tener una mayor capacidad de pago y un apoyo económico para seguir luchando por sacar adelante sus negocios y crecer junto a la fundación Agrocapital.
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.