Guardianas De La Fé Cuenca Group
One of the members of the group is Blanca, who lives near the city of Cuenca. She is 45 years old, married, and has 5 children. Three of them are married and independent. Her 19 year-old son is doing his military service and then he will go to university. Her 6 year-old son is studying in a school in the city. Her husband works as a bread maker in his own store. They do not have their own house so they rent.
Blanca sells food. She has been doing this work since she was 17 years old. She has her own place and works from Monday to Saturday without a set schedule.
This is her first loan with the communal bank, which she was invited to join by her son-in-law. She will use this loan to buy cooking pots.
Her dream is to travel to the United States.
Una de las integrantes de este grupo es la Señora. Blanca, vive por la ciudad de Cuenca, tiene 45 años, es casada y en su unión conyugal ha concebido 5 hijos, tres de ellos son casados e independientes, su hijo de 19 años está haciendo el servicio militar y de allí ira a la universidad y su hijo de 6 años estudia en una escuelita de la ciudad. Su esposo labora como panadero en su propio local, no tienen casa propia por lo que viven arrendando.
Doña Blanca se dedica a la venta de comida, esta actividad en la realiza desde los 17 años de edad, tiene un puesto propio y labora en el de lunes a sábado sin un horario fijo.
Este es su primer crédito que realiza en el banco comunal al cual fue invitada por su yerno. Este crédito lo va a invertir en la compra de ollas.
Su sueño es viajar a los Estados Unidos.
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