14 De Diciembre Group
Betzabe is president of the '14 de Diciembre' association. She has experience as a member of Pro Mujer, having been through three loan cycles. Her business is running a grocery store. Her business used to be travelling and buying merchandise but over time this business became very difficult and, on her daughter's advice, she decided to open a store. She serves in her store from 8.00am to 4.00pm together with her children.
When we asked Betzabe what she liked most about Pro Mujer she replied that it was her group and being together.
La señora Betzabe, presidenta de la asociación “14 de Diciembre”, ya tiene experiencia de tres ciclos como socia en Pro Mujer, su negocio es la venta en una tienda de abarrotes. Antes su negocio era viajar trayendo mercadería, pero con el tiempo ese negocio resultó ser muy pesado y aconsejada por sus hija decidió abrir la tienda. Esta tienda es atendida de 8 de la mañana a 4 de la tarde por la señora Betzabe y sus hijos.
Cuando le consultan sobre qué es lo que más le gusta de Pro Mujer, ella responde que su grupo y el estar juntas.
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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Success!! The loan was 100% repaid