Granito de Oro is a group consisting of nine women and one man, all cheery, amiable and charismatic people. Currently they are in their second loan cycle and they became a group so they could take advantage of capital that would allow them to grow their businesses. One of the members, Lucy M., is 27 years old and mother of one. Her business is selling clothing made out of alpaca wool. Originally she was a salesperson, but with her mother’s help she opened her own store. Currently she needs the loan to purchase alpaca sweaters. Her main customers are tourists. The other members of the group have different businesses, such as selling sweets, shoes, clothing, cosmetics and food, and they need the loan to purchase merchandise.
Granito de oro es un grupo de 9 mujeres y un varón, todos son alegres, amables y carismáticos, actualmente están en el ciclo 2 y se agruparon por la necesidad de contar con un capital que les permita ampliar sus negocios, una de las integrantes es Merced Lucy M. con 27 años. Es madre de un niño, ella tiene el negocio de venta de ropa de lana de alpaca, inicialmente ella era vendedora pero con la ayuda de su madre logró poner una tienda propia, actualmente necesita el préstamo para la compra de chompa de lana de alpaca, sus principales clientes son los turistas. Las demás integrantes también tienen sus propios negocios como la venta de dulces, zapatos ropas, cosméticos y comida y necesitan el préstamo para comprar mercadería o insumos.
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.