The communal bank "Luz Clarita" ("Clear Light") will take out their fourth loan cycle through Pro Mujer as part of the German Busch regional office. The group is composed of eight members and is directed by a board led by Maria Isabel. The businesses undertaken by the members of the communal bank are varied; they include weaving, sales of food, a stucco store, sales of CDs, and macrame.
Maria Isabel says that she began working in Pro Mujer two years ago and that she became involved with the organization at the invitation of promoters. She has a business that sells stucco, which she has been doing for years, learning the trade from her husband.
This loan is to increase her working capital (to purchase stucco), which she will buy from people who bring it from the province. Afterward, she will sell it in her sales space. This work allows her to earn income to support her family, as she lives with her partner and has five children.
When she was asked what she likes about Pro Mujer, Maria Isabel responds that she likes the subject of health.
In the photograph, the daughter of one of the partners appears behind the woman in the green shawl.
La A.C. “LUZ CLARITA” iniciará su cuarto ciclo en Pro Mujer, como parte del centro focal German Busch, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora María Isabel. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Tejido, venta de comida, tienda de estuco, venta de CD’s, tejido en macramé.
La señora María Isabel, indica que hace dos años trabaja en Pro Mujer y que integro la institución por invitación de promotores. En la actualidad ella tiene un negocio de venta de estuco que viene trabajando hace años, aprendiendo el mismo de su esposo.
El crédito que ahora sacará es para aumentar su capital (compra de estuco) que comprara de las personas que le traen de provincia y posteriormente lo venderá en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato y tiene cinco hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.
En la fotografía acompaña al grupo la hija de una de las socias que se encuentra detras de la señora de manta verde
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.