Flor De Azucena Group
Just like Brígida, the other members of the group have different businesses such as selling vegetables, dry foods, sewing skirts and aprons, and weaving blankets.
All the members of this group need the loan to buy merchandise, supplies, and raw materials.
Al igual que Brígida las demás integrantes del grupo cuentan con diferentes negocios como la venta de verduras, alimentos secos, costura de polleras (falda), mandiles y tejido de mantas.
Todas la integrantes de este grupo necesitan el préstamo para la compra de mercadería, insumos 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.
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Success!! The loan was 100% repaid