Cascada 7 Group
Translated from Spanish by Cindy Kendall, Kiva volunteer.
ROSA TIENE 38 AÑOS, SU ACTIVIDAD LE AYUDA A MANTENER A SUS 5 HIJOS, ELLA EN CASA DESDE HACE 3 AÑOS SE DEDICA A LA CRIANZA Y VENTA DE PUERCOS, LA GENTE DE LA LOCALIDAD Y DE OTROS PUEBLOS CERCANOS LA BUSCAN EN SU CASA PARA LA VENTA DE SUS ANIMALISTOS COMO CARIÑOSAMENTE LE LLAMA A SUS PUERQUITOS, CON SU CREDITO QUIERE COMPRAR MAS ANIMALITOS PEQUEÑOS ASI COMO PODER COMPONER EL LUGAR DONDE MANTIENE A SUS ANIMALES, LAS OTRAS INTEGRANTES DEL GRUPO, ANTONIA G. M., REYNA G. M. Y GUADALUPE G. M., SE DEDICAN LA CRIANZA DE PUERCOS.
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