María Benita sells coca leaves, well-known as natural remedy for ‘soroche’ or altitude sickness, and for stomach ache. She has had this business for twenty years and currently has a stall opposite the Corazón de Cobre market.
This first loan will be used to buy merchandise. The members of the group have a variety of service and commercial businesses: coco leaf selling; neighbourhood store; stall selling pasankalla (type of quinoa), pasta, and tostados; cosmetic and supplies sales; milk products sales; and jewelry store.
La señora presidenta, tiene como negocio la venta de hojas de coca, conocida medicina natural para el "sorojchi" o mal del altura y para aliviar el dolor de estómago, la señora María Benita cuenta con este negocio desde hace veinte años. Actualmente tiene un puesto fijo de venta al frente del mercado Corazón de Cobre.
Este primer crédito será utilizado para la compra de mercadería.
Las integrantes de la A.C. “Las Corocoreñas” tienen diferentes negocios de servicio y comercio: venta de hojas de coca, tienda de barrio, venta de pasancalla, fideos y tostados, venta de cosméticos y víveres, venta de leche PIL, venta de víveres a cuotas y tienda de joyería.
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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