Señor De Mayo Group
One of the members is Miriam C., who was invited to join by one of her cousins who was already part of the group. During this time, she has taken advantage of all the services offered by Pro Mujer. Miriam has been selling clothes at different fairs throughout El Alto for four years. She plans to use her loan to buy more merchandise so that she can continue generating revenues and provide the basic necessities for her two children.
The other members have different businesses in the retail, manufacturing, and service sectors. All of them need this loan to improve their businesses.
Una de las integrantes es Miriam C. que ingreso al grupo por invitación de sus primas que ya estaban en el grupo y durante este tiempo ha podido participar de todos los servicios de Pro Mujer. Ella se dedica a vender ropa en diferentes ferias de la ciudad de El Alto, hace 4 años, con el préstamo tiene planificado comprar más mercadería y seguir generando ingresos que le permitan satisfacer las necesidades básicas de sus dos hijos.
Las demás integrantes tienen diversos negocios que se dedican a comercio, producción y servicio. Todas requieren 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