Celsa, the president of the “Manzanitas” community bank, lives with her partner and seven children. She became a member of her community bank when her friend invited her to take part. She has been selling food for 10 years. She started in this business through her own initiative. She is currently requesting 1,500 bolivianos to buy supplies for making food.
When we asked her what she most liked about Pro Mujer she said “the meetings”.
La señora Celsa, presidenta de la banca comunal “Manzanitas” tiene un hogar conformado por su pareja y siete hijos. Es parte de la banca comunal debido a que una amiga le invitó a participar de la misma. Con respecto a su negocio ella lleva 10 años en el negocio de venta de comida, inició este emprendimiento por motivación personal. Actualmente solicita Bs.1500.- para la compra de insumos para la elaboración de la comida.
Cuando le consultamos qué es lo que más le gusta de Pro Mujer ella dice “las reuniones”.
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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