Epifanía A., 45, has been associated with Pro Mujer for 15 years approximately. She is a shoe merchant, an occupation learned from her parents when she was a little girl. She states that this business has allowed her to afford schooling for her three children and the loans she has gotten from Pro Mujer have allowed her to increase her working capital She gets her merchandise in Oruro since it is less expensive there and she sells it at the 16th of July market in the city of El Alto. She needs financing to buy more merchandise. Her fellow group members have different lines of work like: prepared meal sales, blanket making, neighborhood general stores. The all need financing to buy merchandise.
Epifanía A. de 45 años es socia de Pro Mujer desde hace 15 años aproximadamente, ella se dedica a comercializar calzados, una actividad que aprendió de sus padres desde muy niña, ella dice que con este negocio ha podido hacer estudiar a sus 3 hijos y los préstamos que ha obtenido de Pro Mujer le ha permitido incrementar su capital de trabajo, adquiere su mercadería de Oruro ya que es más económico y los vende en la feria 16 de Julio de la ciudad de El Alto. Ahora necesita el préstamo para comprar mayor mercadería.
Sus compañeras también tienen diferentes negocios como la venta de comida, mantas y tienda de barrio. Todas necesitan el préstamo para comprar mercadería.
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.