Mulay De Curiquinga (Cuenca) Group
One of the members of this group is Señora Particia. She is 40 years old, lives in a common law marriage and has 2 children, ages 3 and 2. Her husband works in construction as a mason. They don't own their own house, so they rent. Doña Patricia is dedicated to the household chores and to caring for the children as they are still young. She also works in agriculture and washes clothes for others when they call her.
This is her third loan with her communal bank and she will use it to buy groceries for her household.
Her dream is to have her own house.
Una de las socias de este grupo es la Señora. Patricia, tiene 40 años, vive en unión libre y ha concebido 2 hijos de 3 y 2 años de edad, su esposo labora en la construcción trabajando como albañil, no tienen casa propia por lo que vive arrendando.
Doña Patricia se dedica a los quehaceres de su hogar y al cuidado de sus hijos ya que aun son pequeños, también labora en la agricultura y lava ropa ajena cuando le llaman para que realice estas actividades.
Se encuentra en el tercer crédito que realiza en el banco comunal y lo va a invertir en la compra de víveres para su hogar.
Su sueño es tener su casa propia.
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