Los Alamos Group
Gabriela indicates that this is the first time she’s worked in Pro Mujer and that she joined the institution thanks to an invitation from a promotion. She currently works making sweaters, a business she’s had for years having learned it from her parents.
The loan she’ll take out now is to increase her capital. She will buy wool from the distributor and once her items are made will sell them based on prior orders. This way of working allows her to generate income to support her family.
La señora Gabriela, indica que es la primera vez que trabaja en Pro Mujer y que integro la institución por invitación de la promoción. En la actualidad ella tiene un negocio de tejido de chompas que viene trabajando hace años, aprendiendo el mismo de sus padres.
El crédito que ahora sacará es para aumentar su capital (compra de lana) que adquirirá de la tienda distribuidora y posteriormente a la elaboración lo venderá en a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia.
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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