Amigas Unidas Group
The other members of this association have different businesses such as selling vegetables, food, perfume, potatoes, clothes, quinoa juice, and a metal working shop.
They all want to complete the loan cycle with success and responsibility and assure you that they will invest the loan in their businesses, some buying produce to sell and others buying business supplies.
Las Señora Nancy H. integrante de la Asociación Comunal Amigas Unidas, que a su vez pertenece al Centro Focal Santiago II, tiene el negocio de elaboración de joyas hace 12 años, entrega sus productos al interior, viajando a Cochabamba y Santa C. donde tiene mayor demanda y necesita el préstamo para comprar insumos.
Las demás integrantes de ésta Asociación tienen diferentes negocios como la venta de verduras, comida, perfumes, papa, ropa, jugo de quinua y la atención de un taller de chapería.
Todas esperan culminar el ciclo con éxito y resposabilidad y aseguran que invertiran el préstamo en sus negocios, algunas comprando mercadería, otras comprando insumos.
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