Roca Fuerte Group
One of the oldest businesswomen is Mrs. Mery M.. She has gone through nine loan cycles with the association with her business making jackets. The materials are born in bulk in the city of El Alto. Mery makes the jackets in her home with her husband's support. She sells the jackets from her own home, so the customers come and retrieve the merchandise themselves. Mery likes meetings in the center because it is a leisure activity that allows her to relax.
Una de las socias màs antiguas es la señora Mery M., con 9 ciclos en la asociación, su negocio es la confección de chamarras. Los materiales son comprados por mayor en la ceja de la Ciudad de El Alto. Las chamarras son elaboradas en el mismo domicilio, su esposo es un apoyo. Las ventas son realizadas en su mismo hogar, pues sus clientes vienen a recoger la mercadería al mismo. Le gusta las reuniones de pago en el centro focal pues es un momento de esparcimiento y le permite descansar.
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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