Agustin Rubio 1 Group
Translated from Spanish by Geoff Rubin, Kiva volunteer
MANERA DE TENER INGRESOS PARA EL HOGAR, DURANTE LA SEMANA SE DEDICA A LA VENTA DE TORTILLAS EN UNA LOCAL DE SU COMUNIDAD OBTENIENDO UNA PEQUEÑA REMUNERACION POR SU MARIA TIENE 40 AÑOS, TIENE 5 HIJOS POR LO QUE TIENE QUE BUSCAR LA TRABAJO Y LOS DOMINGOS CUENTA CON UN ESPACIO EN EL MERCADO EN DONDE VENDE COMIDA LO HACE DESDE HACE CUATRO AÑOS, CON EL CREDITO DESEA COMPRAR MERCANCIA Y AGRANDAR SU COCINITA ECONOMICA, LAS OTRAS INTEGRANTES DEL GRUPO SON ANA LIDIA PÉREZ SE DEDICA A LA VENTA DE ZAPATOS POR CATALOGO, MIGUELITA DE JESUS C. VENDE UTENCILIOS PARA LA COCINA Y JULIA VIVIANA PÉREZ VENDE TACOS.
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