Machak Sartawi Group
Jenny's business is selling vegetables that she buys in La Ceja, in the city of El Alto. She will use her loan to buy more merchandise that she will sell on Thursdays and Sundays in the 16 de Julio market.
Jenny is 23 years old, single, and carries out her business on her own. When asked what she likes about Pro Mujer she replied that she only recently joined the institution.
La señora Jenny tiene como negocio la venta de verduras, que compra en la ceja, de la ciudad de El Alto. Con el crédito que sacará comprará mas mercadería, los que venderá los días jueves y domingo en la feria 16 de julio.
En la actualidad la señora tiene veinte y tres años, es soltera y el negocio lo realiza sola. Cuando se le consulta que le gusta de Pro Mujer, ella responde que recién ingreso ala institución.
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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