Mujeres Emprendedoras Group
Sra. Olga says this is the first time she has worked with Pro Mujer. She joined the organization after being invited by one of the other group members. Olga currently has a business selling quinoa juice and has been working for five months.
The loan she is receiving now will be used to increase her capital so that she can buy sugar, a necessary ingredient in preparing her juices. Olga acquires her supplies in La Ceja and then sells her products at her shop. Working in this manner allows her to generate income to support her family. Olga is single and has two children.
La señora Olga indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una compañera. En la actualidad ella tiene un negocio de venta de jugo de quinua que viene trabajando hace cinco meses.
El crédito que ahora sacará es para aumentar su capital (compra de azúcar) insumo que necesita para la elaboración de sus jugos; este material lo adquirirá de la Ceja y posteriormente lo venderá en su tienda. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene dos 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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Success!! The loan was 100% repaid