Aurelia is one of the members of the group. She is 66 years old and has 5 children. All her children work; some as bricklayers, others work in repair shops and as secretaries. Aurelia used to have a hamburger stand that she ran with her husband. However, her husband passed away recently and keeping the business going by herself was very difficult for her, especially because of her diabetes.
Because of this, Aurelia decided to refurbish a room in her house to start selling snacks. Currently she only sells tostadas, duritos (crispy fried dough) and bollos (freezy pops). She wants to use the loan to buy an electric pot to melt cheese as well as the necessary ingredients to start selling nachos with cheese and other fried food items and regional snacks that are commonly made with melted cheese.
Aurelia es una de las integrantes del grupo. La señora Aurelia tiene 66 años y 5 hijos. Todos sus hijos son trabajadores y trabajan como albañiles, en talleres mecanicos y como secretarias. Aurelia solia tener un puesto de hamburguesas que administraba junto con su esposo. Sin embargo, su esposo falleció recientemente y mantener el negocio abierto fue muy complicado para ella sola, sobre todo a causa de su diabetes. Es por eso que Aurelia decidió habilitar un cuarto de su casa para comenzar alli un negocio de snacks. En este actualmente solo vende tostadas, duritos y bollos (freezy pops). Con su crédito quiere comprar una olla electrica para derretir queso asi como los insumos necesarios para comenzar a vender nachos con queso así como otras frituras y botanas que son preparadas comunmente con queso derretido en la región.
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