Los Angeles Group
Doña Reyes, as she is known in the community, is a single mother. She has a daughter who studies in elementary school. Doña Reyes works as a seamstress, mainly sewing uniforms for nearby schools. She makes pants, shirts, blouses, skirts and shorts. Her customers are her neighbors in the community and in nearby communities like Guaytalpa, Mazateupa and El Santuario. She decided to start this business because it caught her attention 10 years ago and she took many courses in sewing. She wants her daughter to do well, pursue a well-paying job and career. She also wants to expand her house.
This group is very close and since they have known each other since they were little, they know that working together they can reach their goals. All of them are grateful that Kiva supports them through the Foundation because they work very hard and what they need is monetary resources.
Doña Reyes, como L. conocen en su comunidad, es madre soltera y tiene una hija que estudia el nivel básico. Doña Reyes dedica su tiempo a L. costura principalmente D. uniformes D. las escuelas cercanas confecciona pantalones, camisas, blusas, faldas y shorts. Sus clientes son los vecinos D. L. comunidad y comunidades cercanas como Guaytalpa, Mazateupa y El Santuario. Decidió poner este negocio porque le llamo mucho L. atención desD. hace 10 años y tomó varios cursos D. ello. ElL. quiere que su hija salga adelante, que concluya una carrera y un trabajo bien remunerado, además quiere ampliar su casa.
Éste grupo es muy unido y como se conocen desD. pequeñas saben que trabajando así lograrán sus objetivos. Todas agradecen que KIVA las apoye por medio D. L. Fundación porque trabajan mucho y lo que les falta es recursos monetarios.
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