The group "Las Obreras" is represented by Mrs. Carmen Delia and is maD. up of 12 members who carry out different business activities, such as selling groceries in neighborhood stores, selling soft drinks, making bread and dough, selling food, making garments, selling spare parts, construction work, and public transportation. All of these businesses are set up in the zone of Loreto. Competition always exists, so they must make twice the effort in order to achieve the daily income that is necessary for supporting their families. The purpose of the credit is to increase their job capital, which will assist them in purchasing materials and some work tools. In regards to experience, our partners already have experience with joint loans, thanks to financing in similar entities like Agrocapital.
El grupo “Las Obreras” esta representado por la señora Carmen Delia y conformada por 12 miembros los cuales desempeñan diferentes actividades comerciales venta D. abarrotes en tiendas D. barrio, refrescos, elaboración D. pan y masitas, venta D. comida, elaboración D. prendas D. vestir, repuestos, construcción y al trasporte público D. pasajeros todos los negocios se encuentran instalados en la zona D. Loreto. La competencia siempre existe por lo que ellas deben esforzarse el doble pA. lograr el ingreso diario que es necesario pA. el sustento D. su familia. El destino del crédito es pA. incrementar su capital D. operaciones que servirá pA. la compra D. materiales , insumos y algunas herramientas D. trabajo. En cuanto a al experiencia las socias ya cuentan con experiencia en créditos mancomunados gracias a financiamientos en entidad similares a la fundaron Agrocapital.
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.