In the “German Busch” Center we find the “Kantutas de Oro (Flowers of Gold)” Communal Association which has 16 members and has existed for approximately five years. All of the members have different businesses such as: the sale of fruit, the building of furniture, the sale of food, a hardware store, the sale of clothes, customer service, and others. Their president is Juana T. who indicates that the group is made up of friends and neighbors who live around the Center. What they like about Pro Mujer (Pro-Woman) is the health service because they attend to the women, their children, husbands, and relatives. Furthermore, they very much appreciate the abilities they are taught in Business Skills as it enables them to better administrate their businesses.
En el Centro Focal “German Busch”, se encuentra la Asociación Comunal “Kantutas de Oro” que tiene 16 integrantes, cuenta con aproximadamente 5 años de vida, todas tienen diferentes negocios como: venta de fruta, elaboración de muebles, venta de comida, ferretería, venta de ropa, atención de llamadas y otros. Su presidenta es Juana T. quien indica que el grupo se formo con amigas y vecinas que viven cerca del Centro Focal, lo que les gusta de Pro Mujer es el servicio de salud, porque les atienden a ellas,a sus hijos, esposos y familiares, además les agrada mucho las capacitaciones que imparten en Destrezas en Negocios ya que les orienta a administrar mejor sus negocios.
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.