Aida C., 35 years old, is a member of the group "Villa Ingavi" that meets in the "German Busch" regional office of Pro Mujer. She is a mother of two small children. She has a business weaving blankets; she tells us that a friend taught her to do this when she was single. She sells her products in a store located on the Avenue 16 de Julio. Aida has belonged to this group for approximately 7 years. This time, she requests a loan to buy cloth and fringe. As with Aida, the other members of the group have small businesses involved in a variety of activities such as: the production of skirts, the sale of clothing, backpacks, fruit, juices and film services. They need the loan to acquire merchandise and raw materials.
Aida C. de 35 años, es integrante del grupo “Villa Ingavi”, que pertenece al Centro Focal “German Busch” es madre de 2 hijos pequeños, tiene el negocio de trensado de mantas, cuenta que una amiga la había enseñado cuando era soltera, ella venda sus productos en una tienda ubicado en la 16 de Julio. Aida pertenece a este grupo aproximadmente unos 7 años, en esta ocación necesita el préstamo para comprar cortes de tela y fleco.
Al igual que Aida las demás integrantes del grupo tienen diversos negocios como la confección de faldas, venta de ropa, mochila, frutas, jugos y servicio de filmaciones. Todas necesitan el préstamo para adquirir mercaderia y materia prima.
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.