25 De Julio Group
Juana A. C., the President of the group, has been working with Pro Mujer since 1997. She remembers with nostalgia that the training process was long back when they used to meet at the town square in the Santiago II District. Her first loan was for 500 BOB, back when everything was new and Pro Mujer was still a young organization. Sra. Juana currently has a business buying and selling shoes. Over the years, she has had loans of different amount based on her needs. She is currently asking for 2000 BOB.
On a personal note, she references her six children. She became a widow a few years ago, so she has to work with greater energy.
La Presidenta Juana A. C., refiere que se encuentra trabajando en Pro Mujer desde el año 1997. Comenta con nostalgia que el proceso de capacitación fue largo, utilizaban la plaza de la zona de Santiago II para reunirese, su primer crédito fue de Bs.500.- en ese entonces todo era nuevo y Pro Mujer estaba aún muy jóven. La señora Juana actualmente tiene negocio de compra - venta de calzado, durante estos años a tenido crédito por diferentes montos de acuerdo a sus necesidades, actualmente está solicitando Bs. 2000.-.
En lo personal ella refiere que tiene 6 hijos y que hace unos años quedó viuda, razón por la cual debe trabajar con mayor energía.
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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