Puerta Del Sol Group
Barbara has six children, all of whom are married and two of whom learned the business that she manages, which is making string or rope.
The other members also have their own businesses. Some are dedicated to the production of blankets and sweaters while others are dedicated to selling products such as baby clothes, backpacks, and groceries. All need a loan to acquire basic materials and merchandise.
Barbara tiene 6 hijos, todos casados y dos de ellos aprendieron del negocio que ella maneja, que es la elaboración de pitas o sogas.
Las demás integrantes tambien tienen sus propios negocios, algunas se dedican a la producción de mantas y chompas, otras de dedican a la comercialización de productos tales como ropa de bebe, mochilas, abarrotes. Todas necesitan del préstamo para adquirir materia prima y mercadería.
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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Success!! The loan was 100% repaid