21 De Junio Group
Dominga says that she has been a member of a Pro Mujer community bank for eleven years and was invited to join by a friend. She currently has a business knotting blankets which she has had for five years. She learned this business from her mother.
Dominga will use this loan to increase her capital (buying tassels and fabric with which to make blankets). She will buy her supplies in the 16 de julio neighborhood and, once she has made her products, she will sell them in stores. This work enables her to make the income she needs to support her family. She is married and has three children.
When we asked Dominga what she likes about Pro Mujer, she replied that she likes the health services.
La señora Dominga indica que hace once años que integra una asociación comunal en Pro Mujer, ingresando por invitación de una compañera. En la actualidad ella tiene un negocio trenzado de mantas que viene trabajando hace cinco años atrás, aprendiendo el mismo de su madre.
El crédito que sacará ahora es para el aumento de capital (compra de flecos y telas) para la elaboración de mantas que compra de la 16 de julio y posteriormente a la elaboración lo comercializará en los tiendas. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene tres hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta salud.
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