Tomebamba (Cuenca) Group
One of the group members is Rosa. She lives in Zhizho, is 40 years old, married and has two children who are 13 and 9 years old. Her oldest daughter is in secondary school and the second daughter is going to the little local elementary school. Her husband works in construction. They own their house which is the fruit of their labor.
Rosa embroiders. She learned this activity working with her mother since she was 15 years old. She also raises chickens, pigs and cows that she sells in her community.
She’s been in the communal bank for two years and will use her new loan to buy chickens. Her goal is to have a place to sell her embroidery.
The small inserted photo is of one of the members who was unable to be present when the photo was taken due to work.
Una de las integrantes de este grupo es la Señora. Rosa, vive por la comunidad de Zhizho, tiene 40 años, es casada y ha concebido 2 hijos de 13 y 9 años de edad, su primera hija está en el colegio y su segunda hija está estudiando en una escuelita de la ciudad. Su esposo se dedica a laborar en la construcción, la casa es de su propiedad siendo el fruto de su trabajo.
Doña Rosa se dedica al bordado, esta actividad a aprendió trabajando con su mamá desde que tenía 15 años de edad. También se dedica a la cría de pollos, cerdos y vacas a los que los vende en su comunidad.
En el banco comunal se encuentra hace 2 años y su nuevo crédito lo va a invertir para la compra de pollos.
Su meta es tener un local en donde vender sus bordados.
La foto pequeña adjunta es de uno de los socios que por motivos de trabajo no pudo estar presente cuando se tomo la foto del grupo.
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