Faustina states that this is her 6th year working with Pro Mujer, which she joined at the recommendation of her niece. Now she has had a milk shake business for 6 years, a business that she learned from her daughter.
The loan that she will take now will be used to increase her capital to purchase sugar and bicervecina (a non-alcoholic malt beverage.) She will buy these products in the market, and she will sell her milkshakes at the schools. This type of work allows her to generate resource so that she can support her family as best she can. She is married and has 4 children.
When asked what she likes about Pro Mujer, she answered that she likes the health care services, the loans and the savings accounts.
La señora Faustina, indica que este es el sexto año que trabaja con Pro Mujer, ingresando por recomendación de su sobrina. En la actualidad ella tiene un negocio de venta de batidos que viene trabajando desde hace seis años, el que aprendió de su hija.
El crédito que ahora sacará es para aumentar su capital (compra de azucar y bicervecina), que comprara de las ferias y lo venderá en los colegios. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene cuatro hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la salud, el crédito y el ahorro.
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