Las Aurelianas (Cuenca) Group
One of the members is Patricia. She lives in the city of Cuenca. She is 33 years old, married, and from her relationship she conceived 2 children. They are 8 and 5 years old and they attend school in the city. Her husband is a vendor by profession. They don't own a house of their own so they live in a family house.
Patricia takes care of the household work given that her children are still small. But this loan is the first that she accesses with her communal bank and she will invest it in the purchase of shoes, to start up a business.
Her goal is to implement her business and to make the business grow.
Una de las socias es la Señora Patricia, vive por la ciudad de Cuenca, tienen 33 años de edad, es casada y en su unión conyugal ha concebido 2 hijos de 8 y 5 años que estudian en una escuelita de la ciudad. Su esposo es de profesión vendedor, no tienen casa propia por lo que viven en casa de un familiar.
Doña Patricia por el momento y debido a que sus hijos son aun pequeños se dedica a los quehaceres de su hogar pero este crédito que es el primero que realiza en el banco comunal lo va a invertir en la compra de calzado para iniciar con este negocio.
Su meta es hacer realidad su negocio y crecer en el mismo.
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