Bordadoras De Tete Group
The representative of the group is Mrs. Estela who is married to Mr. Fidencio. They have three children, one who in grade school and two who are not school-age yet. Estela plans to use the loan to buy thread to make tablecloths and napkins. She learned the skill when she was very young and sells her products in the local and nearby communities to help support her family.
The earnings from her sales go toward feeding her children and buying them everything they need.
All of the members are grateful to FRAC and KIVA for this support. Their goal is to make their products known internationally since the linens are beautiful crafts made with much effort and love.
La representante de este grupo es la señora Estela quien esta casada con el señor Fidencio tiene 3 hijos 1 estudia la primaria y los otros 2 aun no estudian. Estela solicito el préstamo para poder comprar hilos para la elaboración de servilletas y manteles, ella desde muy pequeña aprendió esta actividad y la ventas de estos productos han sido el apoyo económico para su familia. Sus productos los vende en su comunidad y en comunidades cercanas. De las ventas que realiza y de las ganancias que obtiene es para comprarles alimentos a sus hijos y todo lo que necesita.
Todas la integrantes dan las gracias a FRAC y KIVA por apoyarlas y nos comentan que su sueño es que sus productos sean reconocidos a nivel internacional ya que son prendas muy hermosas que son elaboradas con mucho esfuerzo y amor.
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