Other members of the group make and sell home remedies, make hand woven blankets and sweaters, and sell school materials and other things.
All of them wish to improve their businesses by buying products. They are sure that they will get better earnings to help their families’ well being.
Todas desean mejorar sus negocios con la compra de productos, tienen la seguridad de obtener mejores ganancias, para el bien de sus familias.
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.
163View loans »