After having trained for three days, the Buen Corazón "Good Heart" team members are preparing their request to be granted the loan. Led by their board, they have Graciela C. as president, Virginia Q. as Treasury, and Vibiana Q. as Secretary of Minutes. All members draw up their bylaws of the Association that meets every two weeks at the Exaltation Regional Office. All members have their own business as is the case of Domitila T., 61 years old, who has sold condiments for 15 years in Villa Dolores. Her partners also have businesses like knitting sweaters, selling clothes, selling juice, quinoa, and food. They need the loan to buy merchandise at the commercial business event and to buy raw material for those that work in production.
Después de haberse capacitado durante tres días las integrantes del grupo Buen Corazón, están preparando su solicitud para acceder al préstamo, liderizadas por su mesa directiva tienen como presidenta a Graciela C., Tesorera es Virginia Q. y Secretaria de Actas es Vibiana Q., todas elaboran su reglamento interno de la Asociación quienes se reunirán cada dos semanas en el Centro Focal Exaltación
Todas las integrantes tienen sus propios es el caso de Domitila T. de 61 años que vende condimentos hace 15 años en Villa Dolores, sus compañeras tambien tienen negocios como el tejido de chompas, venta de ropa, venta de jugo de quinua y comida. Necesitan el préstamo para comprar mercadería en el caso de negocios de comercialización, compra de materia prima para las que se dedican a la producción.
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.