Eleazar is a very entrepreneurial and cheerful lady. She says that on Saturdays and Sundays she sells dinners outside her home. She sells fried tacos, quesadillas, enchiladas, 'pozole' (meat and hominy stew) and 'aguas frescas' (fresh fruit drinks). She says that she has been in this business for five years and that her neighbors encouraged her to set it up because her cooking is very tasty. Eleazar's goal is to set up a restaurant in her home where her customers will feel at ease and comfortable when they come to eat.
The other nine members of this group are Silvia, Irma, Leshlye, Griselda, Laura Angélica, Blaca, Argelia, Anayeli and Librado. They would like loans to invest in a stationery store, a business making Mexican snacks, catalog shoe sales, ladies' and children's clothes sales, underwear sales, cooked corn on the cob sales, a grocery store and a bakery.
Los otros 9 integrantes se llaman Silvia, Irma, Leshlye, Griselda, Laura Angelica, Blanca, Argelia, Anayeli, Librado, ellos quieren los préstamos para invertir en una papeleria, venta de antojitos mexicanos, zapato por catalogo,ropa para dama y niños,ropa interior, venta de elotes preparados, tienda de abarrotes y panaderia.
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