El Tamarindo Group
Areceli is 25 years old and is married. She did not finish primary school, but she can read and write. She is the mother of 3 children, the oldest is 11 and has finished primary school, and the others are 10 and 2 years old. She sells fish in the market. As she lives far from the town center she rents business premises.
She says that her business gives her good results, but her premises are very small and she wants this loan in order to extend them and adapt them to her needs for selling to her customers and later to remodel her business equipment so she can have more space and more customers.
La señora Areceli M. L. tiene 25 años de edad es casada, estudio primaria no la termino pero sabe leer y escribir es madre de 3 hijos el mayor tiene 11 años ya va a terminar la primaria, la otra tiene 10 y 2 años , ella vende pescados en el mercado ya que vive lejos del centro es por eso que renta un local .
Ella comenta que su negocio le da buenos resultados pero es muy pequeño el local es por eso que quiere prestamo para ampliarlo y adecuarlo a sus necesidades de venta para los clientes y posteriormente remodelar su equipo de trabajo y asi tener mas espacio y mas clientes .
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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