Agua De La Vida Group
The founder of the group is Susi Díaz; she created this group with friends and family. Within the group the majority of the members are married women with children, almost all school aged and also university students. The group’s businesses are diverse, for example, Verónica dedicates herself to the sale of clothing for babies, Susi makes and sells food, Martha has a bookstore, Juan José is a mechanic, Alejandro offers Internet services, and Alicia sells CDs in markets in the city. They need capital to purchase wholesale merchandise to improve their earnings and fulfill their obligations to their families.
La fundadora del grupo es Susi Díaz, ella formo este grupo con amigos y familiares. Dentro el grupo la mayoría son casadas y con hijos, casi todos en edad escolar y también universitarios, diversos son los negocios de este grupo, por ejemplo Verónica se dedica a la venta de ropa para bebes, Susi elabora y vende comida, Martha tienen una librería, Juan José es mecánico, Alejandro ofrece servicio de Internet, Alicia vende CDs en ferias de la ciudad. Necesitan capital para realizar compras de mercadería al por mayor para mejorar sus ganancias y cumplir con las obligaciones que tienen con 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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