Joyitas De Villa Adela Group
The members of this group are involved in diverse activities, including: selling cheese, making food, selling fruit, sweet preserves, and electric goods. The Joyitas de Villa Adela association says that they wish to expand their businesses, which is why they need to increase their capital to buy more merchandise. They are sure that they will be able to earn more income for the good of their families.
Diversas son las actividades que tienen dentro el grupo, por ejemplo: Venta de queso, elaboración de comida, venta de frutas, dulces confitados, artefactos eléctricos. La asociación Joyitas De Villa Adela afirma que desean ampliar sus ventas, para esto necesitan reforzar su capital comprando mayor mercadería, tienen la seguridad que podrán generar mayores 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.
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