Caminando Al Futuro Group
- Ana and Betty sell undergarments.
- Magdalena sells shirts.
- Modesta, Victoria, and Elvira sell vegetables.
- Adrián provides public transportation services.
- Pedro sells belts and gloves as a traveling merchant at the city fairs.
The members of Association “Caminado al Futuro” indicate their loans will be used to strengthen their businesses by acquiring merchandise and supplies.
Magdalena vende camisas, Modesta, Victoria y Elvira venden verduras, Adrián ofrece servicio de transporte publico, Pedro vende cinturones y guantes de forma ambulante en ferias de la ciudad.La asociacion Camianado al Futuro afirma que los créditos que obtengan serán invertidos para reforzar sus negocios, adquiriendo mercadería e 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.
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