Rosas Y Su Clavel 2 Group
Their president is Celia C., who has a business making jackets. She notes that she is very happy with the loan, as it allows her more room to grow financially. In addition, they all like to use the health services because they are tended to with much respect.
Su presidenta es Celia C. quien tiene el negocio de confección de chamarras, indica estar muy satisfecha con el préstamo ya que le permite tener mas movimiento económico, por otro lado, a todas les gusta hacer uso del servicio de salud porque las atienden con mucho respeto.
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