The group "San Martín” is represented by the Señora Marcelina and consists of 16 members. Despite being a large group they are very united and dynamic, as they have demonstrated in their previous loan cycle. This group is involved in various commercial activities such as the sale of groceries, food, bread, sausages, empanadas (pastries with meat fillings), and cosmetics. The other members are involved in public transportation, housing construction, metal welding, and the furnishing of services. The competition within their areas is very strong, and they know that they must continue to move ahead in the economic activity in which they are engaged. This loan will be used to support the growth of their businesses with the purchase of merchandise, supplies and tools in order to improve their incomes which will permit them to give their families a better quality of life. As for credit experience, the members already have experience, given that they are pursuing their second loan cycle demonstrating responsibility, honesty and the desire to carry their businesses forward. They appreciate the economic support that the institution provides them because thanks to their trust, their families will enjoy a better quality of life and a better education.
El grupo San Martín” esta representado por la señora Marcelina y conformado por 16 miembros a pesar D. ser un grupo numeroso son muy unidos y dinámicos como la han demostrado en su anterior ciclo. Este grupo se dedica a la actividad comercial como a la venta D. abarrotes, comida, pan, salchichas, empanadas y cosméticos, los otros socios se dedican al transporte público, a la construcción D. viviendas, soldadura D. metales y a la prestación D. servicios. 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 ya cuentan con experiencia ya que van cursando su segundo ciclo demostrando responsabilidad, honestidad y ganas D. sacar adelante sus negocios, agradecen el apoyo económico que les brinda la institución porque gracias a su confianza su familia gozara D. una mejor calidad D. vida y D. una mejor educación.
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.