Amistad Y Union Group
Violeta is requesting a loan to buy feed, vaccines, anti-parasite medication, and vitamins so that the pigs can grow quickly and she can sell them quickly and at a good price.
She sells her animals in town and buys them there as well and others are bread from the pigs that she has. One of the reasons why Violeta cannot grow her business is that her youngest child suffers from epilepsy. She says that she spends a lot to bring in a doctor. She has 3 other children, one is a 3rd grader, a 7-year-old daughter in primary school, a 4-year-old daughter and her youngest is 2-years-old.
Everyday Violeta makes progress in advancing her children, since she gets up at a very early hour to sell fruits and vegetables in the central market. Her goal is to make a farm business at home and keep buying more pigs to sell wholesale.
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