The above-mentioned communal bank belongs to the Santiago II Regional Office. Maria's business is selling athletic shoes, which she has done for four years.
Her customers are generally people who live in the departments of Potosí, Santa Cruz and Tarija. For this first loan the association approved her for 2000 bolivianos, an amount of money that will help her increase her capital.
She says that she likes the loans from Pro Mujer because the saving is biweekly.
The members of the communal bank have different types of businesses: fried chicken sales ("pollos a la broster"), food sales, perfume sales, grocery sales and electrical services.
La mencionada asociación comunal pertenece al Centro Focal de Santiago II. La señora Maria tiene como negocio la venta de zapatos deportivos, desde hace cuatro años.
Sus clientes son en general personas que viven en los departamentos de Potosí, Santa Cruz y Tarija.
Para este primer crédito la asociación le aprobó de Bs. 2000.- , monto de dinero que le servirá para incrementar su capital.
Ella comenta que le gusta el Crédito en Pro Mujer por que el ahorro es quincenal.
Las integrantes de la asociación comunal tienen diferentes tipos de negocios: venta de pollos a la broster, venta de comida, venta de perfumes, venta de abarrotes y Servicio Eléctrico.
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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