The “New Town” Group is represented by Sra. Silvia and has fourteen members. It is a relatively new group with members who show responsibility in their repayments and demonstrate in their meetings that they can work together. The strong work ethic of the group is shown by their desire not to let any adversity get in their way--they know that the fruit of their work will allow them to offer their families a better future. For this reason they require a loan to buy materials, merchandise, ingredients, and tools so that they can grow their businesses selling vegetables, bread, food, groceries, cosmetics by catalogue, medicinal coca, making clothing, and farming.
There is a lot of competition, but the members have a great deal of experience and know how to make their businesses successful: by offering a variety of good-quality products. The members are taking out their first loan, but they already talk knowledgeably about group solidarity. They promise to work together responsibly and make every effort to help each other succeed.
El grupo “Villa Nueva” esta representado por la señora Silvia y conformada por 14 miembros que conforman un grupo relativamente nuevo con socias(os) muy responsables en sus pagos y unidos como lo han demostrado en sus reuniones previas. En general los socios se caracterizan en su trabajo por no dejarse vencer por ninguna adversidad porque saben que el fruto D. su trabajo servirá para darles a sus familias un mejor futuro, es por esta razón que requieren el financiamiento que ayudara en la adquisición D. materiales, mercadería, insumos y herramientas para hacer crecer sus negocios D. venta D. verduras, pan, comida, abarrotes, cosméticos por catálogos, coca medicinal, costura D. prendas D. vestir y la agricultura. La competencia a nivel comercial es alta pero la socias tienen mucha experiencia y saben como sacar adelante sus negocios ofreciendo productos variados y D. buena calidad. La socias van cursando su primer ciclo pero ya cuentan con experiencia en grupos solidarios por lo se comprometen a dar todo D. si para salir adelante con responsabilidad y unidad.
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.