“Zapatito veloz” is a group of ladies who work happily together with their credit assessor. There are twelve members of the group/ Marcelina A. is one of their oldest members, and she remembers that there was a time when she decided to leave the group, but as time went by she missed her friends and decided to go back to the group. She also says that in other financial groups they ask for cash guaruntees in order for the loan to be processed, but in Pro Mujer there only ask for a verbal one. All the members have different businesses like selling soft drinks, clothes, confectionary, furniture, fruit, coffee, meat, and they need the loan to buy merchandise or instruments for work like blenders or a cart to carry fruit in or a table to put display their cakes on.
“Zapatito veloz” es un grupo de señoras que trabajan alegremente junto a su asesora de crédito y cuentan con 12 integrantes. Marcelina A. es una de las más antiguas socias, ella cuenta que hubo un tiempo en que decidió dejar a su grupo, pero con el pasar del tiempo extraño a sus amigas y decidió regresar, además dice que en otras entidades financieras les piden garantías reales para acceder al préstamo y en Pro Mujer solo piden la garantía solidaria. Todas las integrantes tienen diferentes negocios como la venta de refresco, ropa, pastelería, muebles, fruta, cafetería, carnicería, ellas necesitan el préstamo para la compra de mercadería o instrumentos de trabajo como licuadora, carrito para llevar las frutas, mueble para exponer los pasteles.
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.