Barrio Nuevo Group
Margarita is a businesswoman who sells prepared dinners and tortillas. She has been doing this job for the past four years. She will use this loan to buy corn, firewood and vegetables. This loan will help her provide a greater variety of goods to her customers. She hopes to build a small stove and little by little continue growing her business.
Margarita belongs to the group called "New Neighborhood". It has ten members that are women who are named Aurelia, Maria Elena, Brigida, Celina, Yadira, Nolberta, Elizabeth, Maricela and Patricia. They all are businesswomen. The activities they engage in include selling vegetables, fruit, prepared food, groceries, shoes from a catalogue, sweets, etc.
Ella se dedica al comercio vende cena y tortillas ella ya tiene 4 años con el negocio e invertirá su préstamo en la compra de maíz, leña, verduras, doña margarita dice que le ayudara ya que pues con el préstamo surtirá un poco mas ella espera poner una fondita y irla ampliando poco a poco.
Margarita pertenece al grupo barrio nuevo que esta integrado por 10 miembros que son mujeres a continuación serán mencionadas: Aurelia, Ma. Elena, Brígida, Celina, Yadira, Nolberta, Elizabeth, Maricela, Patricia, todas realizan una actividad comercial como son: venta de verduras, frutas, comida, abarrotes, venta de calzado por catalogo, dulces, etc.
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