Jesus Te Amo Group
María has three children who are in school. María belongs to the Jesús te Ama Group, which is part of the German Busch community center. Her colleagues also have businesses like selling “chuño” (dried potato), selling toys, plastic bags, furniture, chocolate, clothing, and making “polleras” (skirts).
All of them need a loan to buy merchandise or raw material.
María es madre de 3 niños a quienes les hace seguimiento en sus labores escolares.
Maria pertenece al grupo Jesús te Ama que a su vez pertenece al Centro Focal German Busch, sus compañeras también tiene sus negocios como la venta de chuño (papa deshidratada), venta de juguetes, bolsas plásticas, muebles, chocolate, ropa y costura de pollera (falda).
Todas necesitan del préstamo para comprar mercadería o 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.
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Success!! The loan was 100% repaid