Amigas Por Siempre (Friends Forever) Group
The group members work at different activities, including the sale of vegetables, shoes, and decorations. However, the main activity of the group is based on clothing. They make skirts, kitchen aprons, pants, and blouses. They also weave blankets and sweaters. Then, they sell their products in stands and stores in the city. They want to expand their production, and for this they need capital to purchase raw material so they will have the certainty of earning better profits.
Este grupo se dedica a diferentes actividades como ser: venta de verduras, zapatos, adornos, pero la actividad principal de este grupo esta basado en la ropa, realizan confecciones de polleras, mandiles de cocina, pantalones, blusas, también realizan tejidos de mantas y chompas.Luego comercializan sus productos en puestos y tiendas de la ciudad. Desean aumentar su produccion, para esto necesitan capital para comprar materia prima, tienen la seguridad de obtener mejores ganancias.
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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