Luisa tells us that this is the first time she has worked with Pro Mujer and that she joined the institution through an invitation from a loan officer. She currently has a store where she sells yarn which she has been running for years. She learned the business from a friend.
The loan that Luisa is taking out now will be used to increase her capital, buying yarn which she will acquire in El Alto and then sell to textile factories. This work allows her to make income with which to support her family. She lives with her partner and has two children.
La señora Luisa indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de tienda de venta de lana que viene trabajando hace años atrás, aprendiendo el mismo de un amigo.
El préstamo que sacará es para aumentar su capital (compra de lana) que adquirirá de El Alto y posteriormente lo venderá a las fabricas textileras. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato 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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