Lanza 6 Group
Translated from Spanish by Molly Puglisi, Kiva Volunteer.
ROMELIA TIENE 33 AÑOS , CASADA , 2 HIJOS, SU ESPOSO SE DEDICA AL CAMPO .ELL. DESD. HACE 8 AÑOS TIENE EN SU CASA UN MOLINO DOND. REALIZA L. MOLIENDA D. MAIZ COCIDO Y L. MASA POSTERIORMENTE L. HACE TORTILL. L. QUE VEND. A LOS MIEMBROS D. SU COMUNIDAD LAS OTRAS INTEGRANTES DEL GRUPO TIENEN DIFERENTES ACTIVIDADES SABINA SE DEDICA A L. VENTA D. POLLO TROZADO DESD. HACE TRES AÑOS , EN CAMBIO MARGARITA TIENE EN SU CASA UNA PEQUEÑA AMASANDURIA DOND. VEND. PAN ARTESANAL , IRMA Y FRANCISCA POR SU PARTE TIENEN UNA TIENDA D. ABARROTES EN SUS DOMICILIOS DOND. VENDEN: ARROZ, AZUCAR , LECHE Y SUS DERIVADOS, DULCES, ALIMENTOS NO PERECIBLES A LAS PERSONAS QUE HABITAN CERCA D. SU CASA. CON LOS INGRESOS D. SUS NEGOCIOS TODAS ELLAS AYUDAN A LLEVAR EL ALIMENTO A SUS HOGARES.
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