Nuevas Amigas (Cuenca) Group
Diana C. is receiving her first loan through the community bank. She was invited to join by a friend who is an active member of the bank.
Diana is 19 years old and single. She lives in her grandparents' home and helps them out financially. She studied for two years in a sewing academy and she has been carrying out her profession for one year. She works from Monday to Friday, from 8.00am to 6.00pm, in a factory where they make jeans.
Diana will use her loan to buy food for her household. Her goal is to own a dressmaking workshop so that she can make her own products.
La Señorita. Diana C. se encuentra en el primer crédito que realiza en el banco comunal al cual fue invitada por una amiga quien es socia activa del banco.
Nuestra socia tiene 19 años de edad, es soltera y vive en la casa de sus abuelitos a quienes les ayuda económicamente.
La Señorita. Diana estudio 2 años en una academia de costura y está ejerciendo su profesión hace un año, ella trabaja de lunes a viernes de 8 de la mañana hasta las 6 de la tarde en una fábrica que confeccionan jeans.
Su crédito lo va a invertir en la compra de víveres para su hogar.
Su meta es tener un taller de confección para producir sus propios productos.
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