Suma Chuyma Group
Rosmery M. has been married 21 years, is the mother to one sun, and has been weaving blankets by hand (macramé) for the past fifteen years. At first it was difficult but after time she honed her skills. She has plans to invest this loan in her business buying wool, producing more blankets, and involving her younger siblings in the activity so that they can learn.
The rest have a variety of business, involved in trade, production, and services. All want to use the loan to better their businesses.
Rosmery M. de 21 años casada y madre de un niño, cuenta que desde sus 15 años teje mantas a mano (macramé), al principio le pareció dificultoso, pero con el pasar del tiempo logró perfeccionar su habilidad, tiene planes de invertir el préstamo en su negocio comprando lana y seguir produciendo a mayor cantidad e involucrar a sus hermanos menores en esta actividad para que ellos también aprendan.
Las demás integrantes tienen diversos negocios que se dedican a comercio, producción y servicio. Todas desean el préstamo para mejorar sus negocios.
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