Remedios indicates that it is the first time she works with Pro Mujer and she joined following an invitation from a promoter. She currently has a food sales business that she has been managing for several years.
The loan that she requests will be used to increase her capital (to purchase pasta, rice, cooking oil etc.). She will make her purchases in the city of La Paz and she will later sell her products from her food stall. This form of work lets her generate a source of income to support her family as much as possible. She lives with her common-law partner and their three children.
La señora Remedios, indica es la primera ves que trabaja con Pro Mujer, ingresando por invitación de una promotora. En la actualidad ella tiene un negocio venta de comida que viene trabajando desde años atrás.
El crédito que ahora sacará es para aumentar su capital (compra fideo, arroz, aceite, etc.), que comprara de la ciudad de La Paz y posteriormente la elaboración lo venderá en su puesto de trabajo. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene tres hijos.
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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