Most of the group members have small businesses, such as a sporting apparel factory, making masitas (pastries), weaving, and other businesses. They will use this loan to purchase fabric, flour, and wool (depending on what type of business they have).
La mayoría de las integrantes tienen negocios pequeños como ser costura de deportivos, elaboración de masitas, tejidos y otros. Ellas destinaran el préstamo a la compra de tela, harina y lana (dependiendo del caso).
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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