The members of the community bank Las Cumplidas (The Dependables) come from the same neighbourhood; each one has their own business and they know how to get ahead. The representative of the group is Nancy; just like her colleagues she is a dynamic and very hard-working person. She sells clothes and other types of merchandise in the Barrio Lindo market and at night she sells fast food. The rest of her colleagues sell products such as groceries in the neighbourhood stores, toys, bread, shoes and other products according to the season or the fashion. Competition in their line of work is high, due to this they know how to keep their business going. This loan is intended to increase the growth of their businesses through the purchase of merchandise, raw materials and tools to improve their incomes which will allow them to give their families a better quality of life. In relation to their lending experience, the members are due to complete their third cycle with Kiva's field partner institution, demonstrating capacity to administer their resources and desire to work to keep their families going.
Las Socias del Banco Comunal LAS CUMPLIDAS son del mismo barrio, todas tienen negocios propios y saben como salir adelante, la representante del grupo es la señora Nancy y al igual que sus compañeras es una persona dinámica y muy trabajadora , ella se dedica a la venta D. ropa u otro tipo D. mercadería en la feria D. Barrio lindo y por las noches venD. comida al paso el resto D. sus compañeras también se dedican a la venta D. productos como abarrotes en tiendas D. barrio, juguetes, pan, zapatos y otros productos D. acuerdo a la época o a la moda. La competencia dentro D. su rubros es alta pese a eso saben sacar adelante la actividad económica a la que se dedican. El crédito esta destinado al crecimiento D. sus negocios con la compra D. mercaderías, insumos y herramientas para mejorar más sus ingresos que les permitirá darles a sus familias una mejor calidad D. vida. En cuanto a la experiencia crediticia las socias van cumpliendo su tercer ciclo con la institución demostrando capacidad para administrar sus recursos y ganas D. trabajar para sacar adelante a 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.