Mrs. Antonia has participated in Pro Mujer for three years and joined the institution by invitation from her daughter. Currently she runs a neighborhood store that she began several years ago, having learned the trade from her mother.
The loan she has requested is to increase her working capital to buy canned goods from wholesale dealers at La Ceja. She will then sell them at her store. This will allow her to generate more income to support her family. She is married and has six children.
When asked what she enjoys most about Pro Mujer, she says it is the savings and interest rate.
La señora Antonia, indica que es el tercer año que trabaja en Pro Mujer y que integro la institución por invitación de su hija. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace años, aprendiendo el mismo de su madre.
El crédito que ahora sacará es para aumentar su capital (compra de conservas) que comprara de la Ceja, de las mayoristas y posteriormente a la elaboración lo venderá en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene seis hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los ahorros y los intereses.
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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