Nuevas Amigas Group
Concepción says that this is her first time working with Pro Mujer and that she joined the community bank through the invitation of a promotion. Currently she has a knitting business and has been doing this work for some years, learning it from her family.
The loan that she is now asking for is to raise capital to use in the purchase of wool from the 16 de Julio Market, which she will then sell. This way of work permits her to earn income in order to support her family; she is single.
When asked what she likes about Pro Mujer, she responds that she likes everything about it.
La señora Concepción, 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 tejido que viene trabajando hace años, aprendiendo el mismo de su familia.
El crédito que ahora sacará es para aumentar su capital (compra de lana) que comprara de la 16 de julio y posteriormente lo venderá a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia, es soltera.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo.
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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