Currently, Francisca C. is the president of this group. She notes that the group members work together, are prompt, and get along like sisters. Group members undertake different types of activities such as the sale of shoes, plastic bags, making and selling of prepared foods, and carpentry.
The majority of the members knit traditional sweaters, socks and gloves. The coming winter cold will ensure that their sales grow, and for this they need funds to buy raw materials.
Actualmente Francisca C. es la presidente de este grupo, menciona que el grupo se caracteriza por que entre ellas son solidarias, cumplidas y se llevan como hermanas.
La asociación tiene diferentes actividades como ser, venta de zapatos, bolsas plásticas, elaboración y venta de comida, una de ellas es carpintera, pero la mayoría de sus integrantes se dedica al tejido artesanal de chompas, medias y guantes. Con las bajas temperaturas del invierno tienen la seguridad que pueden incrementar sus ventas, para este objetivo necesitan capital para la compra de materia prima.
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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