Viviana indicates that this is the first cycle she’s worked with Pro Mujer and that she joined the institution thanks to an invitation from one of the promoters. She currently has a business that she’s had for years selling api.
The loan she’ll take out now is to increase capital; she will buy flour and sugar in La Paz and after making the api will sell in at the street market. This way of working allows her to generate resources to support her family since she’s married and has five children.
When asked what she likes about Pro Mujer, she answers that she likes the loans.
La señora Viviana, 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 api que viene trabajando hace años.
El crédito que ahora sacará es para aumentar su capital (compra de harina y azúcar) que adquirirá de La Paz y posterior a la elaboración lo venderá en la feria. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene cinco hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito.
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