Amar Azul Group
Miriam has been making jackets and sportswear for eight years. Her products are distinguished by their embroidery which is Miriam’s specialty. She sells the clothing from her store in Kollasuyo Avenue in La Paz. The loan of Bs.2000 will be used to buy supplies. Because it is winter, the demand for jackets is higher.
The members of the Association have businesses such as a clothes stall, neighbourhood store, food sales, making woolen sweaters, milk shake stall, guesthouse, and making clothes.
La señora Miriam desde hace ocho años que tiene el negocio de elaboración de chamarras y deportivos, los mismos que se distinguen por los bordados, que son su especialidad.
La venta es realizada en su tienda de la avenida Kollasuyo en la ciudad de La Paz.
Este crédito es por Bs.2000.-, el que servirá para la compra de materia prima, debido al invierno, la demanda de chamarras es mayor.
En el caso de las integrantes de la asociación comunal, tienen negocios como venta de ropa, tienda de barrio, venta de comida, producción de buzos de lana, venta de Batidos, pensión y confección de ropa.
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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