Union Pro Mujer Group
Most of the group members are married and have families. They need to look for other sources of income since their children’s needs increase every day.
Within the group there are different businesses such as selling used clothes, provisions, and cosmetics. Other group members weave blankets from vicuna wool. Most of them sell products at the fairs in the city.
They need capital to be able to buy a larger quantity of merchandise or products. This way they will generate greater income, which will allow them to provide for the well being of their families.
Dentro el grupo la mayoría están casadas y con familias, se ven en la necesidad de buscar otras fuentes de ingresos ya que las necesidades de sus hijos aumentan día a día.
Existen diferentes negocios dentro la asociación como ser; la venta de ropa usada, víveres, cosméticos otras también se dedican al tejido de mantas, en lana de vicuña. La mayoría de ellas venden sus productos en ferias de la ciudad Necesitan capital para poder comprar mayor cantidad de mercadería o productos, de esta manera generar mayores ingresos que les permita ofrecer bienestar a 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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Success!! The loan was 100% repaid