Copo De Nieve Group
One of the members is Barbara V.. She is 34 years old, married, and is the mother of 4 children. She has had a business making and selling rugs for 15 years. With the loan she plans to buy materials for her work such as yarn and fabric remnants. Her children and her mother also participate in this business. The other members of this group have a variety of businesses, and they need this loan to buy merchandise and raw materials according to the type of business that they have.
Una de las integrantes es Barbara V. de 34 años, casada y madre de 4 niños. Tiene el negocio de fabricación y venta de alfombras hace 15 años, y con el préstamo tiene planificado comprar material de trabajo como hijos e hilacha, le colaboran en el negocio sus hijos y su mamá.
Las demás integrantes de éste grupo cuentan con variados negocios y necesitan el préstamo para comprar mercadería, materia prima según el negocio que tengan.
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