Socios Unidos Group
Each of the partners has their commercial activities with the sale of food, meat , cosmetics, jewels, “battle bread” [crispy mini-loafs] and others are dedicated to the gardening.
Within this product sales environment, there is a high level of experience and a wiD. variety of products, for this reason the partners push themselves more in their daily sales as their families’ sustenance depends on it.
The loan is marked for the purchase of merchandise, primary materials and tools that help them to do the best job possible in order to be competitive on the market.
The members of this group find themselves passing a quarter century together and have demonstrated responsibility and punctuality in their payments, as they depend on these to sustain their families, who have seen improvements in the passing of time that they have been together as partners.
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