Zapatito Veloz Group
One of the members is Felipa P.. She joined the group because she was invited by her friends and needed money to expand her business. Felipa has been manufacturing clothing for 20 years. She started her business with her husband and it improved as her family kept growing. At the moment, Felipa needs a loan to buy fabric so that she can continue making her products. She also has the support of her two young daughters.
The other members have different businesses in the retail, manufacturing, and service sectors. They all need this loan to improve their businesses.
The photo includes the husband of one of the borrowers; another group member was not present for the photo.
Una de las integrantes es Felipa P. que ingreso al grupo por invitación de sus amigas y porque necesitaba dinero para ampliar su negocio, Felipa se dedica a la producción de prendas de vestir hace 20 años, inicio este negocio con su esposo y a medida que crecía la familia el negocio también iba mejorando. Ahora Felipa necesita el préstamo para comprar tela y seguir produciendo productos, cuenta con el apoyo de sus dos hijas menores.
Las demás integrantes tienen diversos negocios que se dedican a comercio, producción y servicio. Todas requieren el préstamo para mejorar sus negocios.
En la foto sale el esposo de una de las socias; hay otra socia que no estaba presente en el momento de sacar la foto.
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