Juan Xxi Group
Mrs. Elsa is the president of the community bank. She is a young woman, 23 years old, and is currently awaiting the arrival of her first baby. She shares she has been part of this community bank since it began. Mrs. Elsa works knitting alpaca wool by machine to make different types of clothing, ponchos, sweaters, and more. Her first loan of 1,000 bolivianos was used to buy wool. The current loan for this cycle is for 2,000 bolivianos to be used for the same purpose.
Her favorite part of working with Pro Mujer is that she likes sharing with her loan partners.
La presidenta de la banca comunal, la señora Elsa es una mujer joven de 23 años de edad, al momento se encuentra esperando su primer bebé. Comenta que está en la banca comunal de “Amigas por siempre” desde su fundación. La señora Elsa tiene como negocio tejido a máquina en lana de alpaca, de diferentes tipos de prenda, ponchos, chompas y otros. Su primer préstamo fue por Bs.1000.- y fue invertido en la compra de lana, para este ciclo su solicitud fue de Bs.2000 con el mismo objetivo.
Cuando se le consultó que le gusta de Pro Mujer, ella comenta que le gusta compartir con sus compañeras.
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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