Nuevo Amanecer De Huatajata Group
Remedios indicates that this is the first time they are working with Pro Mujer, and that she joined the institution through the invitation of a promoter. Currently, she has a business selling fish that she has had for years, having learned the trade from her family.
The loan that she will now take out is for the purchase of a net for catching the fish she will acquire from La Paz, and then sell in the markets. This form of work permits her to generate the income to support her family, as she is married and they have four children.
La señora Remedios, indica que es el primer ciclo que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de venta de pescado que viene trabajando hace años, aprendiendo el mismo de su familia.
El crédito que ahora sacará es para la compra de red para la caza de peces que adquirirá de La Paz y posteriormente lo venderá en las ferias. Esta forma de trabajo le permite generar recursos para apoyar a su familia ya que ella es casada y tienen cuatro hijos.
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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