Ms. Juana, president of the microfinance group, indicates that she has been a part of the Estrellas Group for 3 years. She is a 40-year-old married mother of five. She currently sells vegetables for a living in the 16 de Julio Market, and in the Ex-tranca Market. For now, she works alone.
This loan will be used to purchase merchandise.
When asked what she likes about Pro Mujer, she stated that she likes the loans.
La señora Juana, presidenta de la asociación comunal, indica que forma parte de la A.C. “Estrellas” desde hace 3 años. La señora Juana tiene 40 años edad, está casada, tiene 5 hijos, el negocio que desempeña actualmente es la venta de verduras, actividad que realiza en la Feria 16 de Julio y la Feria de la Ex - tranca, por ahora trabaja sola.
El crédito de este ciclo será destinado a la compra de mercadería.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito.
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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