Buenas Amigas Group
Sra. Litce C. V. is one of the youngest members at 20 years of age. She has already participated in five loan cycles with Pro Mujer and has been able to improve her business of selling food. In the previous loan cycle, she invested the money in a public phone booth in her shop but now wants to focus more on her food business. She works Tuesdays, Saturdays, and Sundays from 8am until noon. What she enjoys most is talking and laughing with the other members of her group.
La señora Litce C. V., socia jóven de 20 años de edad, indica que ya cuenta con 5 ciclos en Pro Mujer y que en este tiempo ha podido mejorar su negocio de venta de comida, el ciclo anterior a puesto un teléfono para uso público en su puesto y que ahora quiere darle màs impulso al negocio de la comida. Ella trabaja los dìas martes, sábado y domingo de 8 de la mañana hasta el medio día.
Lo que más le gusta es conversar, reir con las compañeras de la asociación.
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