San Juan Group
Benedicta requires the loan in order to acquire merchandise and continue to generate income. She also indicates that she likes the type of work that they have to do at Pro Mujer , especially the savings. In addition, she regularly visits the consulting office because they treat her so warmly.
The women members of this communal association have a variety of businesses, both production-based and service-based. They all require the loan in order to invest in their businesses.
Benedicta necesita el préstamo para adquirir mercadería y seguir generando ingresos. También indica que a ella le gusta la forma de trabajo que se tiene en Pro Mujer, sobre todo el ahorro, además visita con relativa frecuencia al consultorio porque le dan un trato caluroso.
Las demás integrantes de esta Asociación Comunal tienen variados negocios que se dedican al comercio, producción y servicio, todas necesitan el préstamo para invertir en 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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