Mayak Sartasiñani Group
Tereza, the bank's president, tells us that she has been working with Pro Mujer for nine years. She has a business selling meals. She started the business on her own initiative and has been working in it for twelve years.
Tereza will use her loan to buy merchandise (to cook). She makes her sales in the 20 de Octubre market every day, from Monday to Sunday, from 8.00am to 2.00pm. This work allows her to make money to support her family. She lives with her partner and has three children.
When we asked her what she likes about Pro Mujer, she replied that she likes to share.
La señora Tereza, presidenta de la asociación comunal, indica que participa hace nueve años en Pro Mujer. En la actualidad la tiene un negocio de venta de comida, el que ha trabajado hace doce años por iniciativa propia.
El crédito que sacará ahora es para la compra mercadería (para cocinar), el que venderá en el mercado 20 de octubre todos los días de lunes a domingo, de 8:00 a 14:00.
Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato y tiene tres hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta compartir
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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