Dionicia reports that it is her first time working with Pro Mujer, and she joined the institution on the invitation of the promoters. Currently, she has a business weaving blankets; she has been working in this area for years.
The loan she is taking out now is to increase her capital (buying wool). She will acquire the wool from distributing agencies and use it to create her products, which are sold in response to orders. This way of working helps her support her family, since she lives in a common-law marriage and has four children.
La señora Dionicia, indica que es la primera vez que trabaja en Pro Mujer y que integro la institución por invitación de promotoras. En la actualidad ella tiene un negocio de tejido de mantas que viene trabajando hace años.
El crédito que ahora sacará es para aumentar su capital (compra de lana) que adquirirá de las agencias distribuidoras y posteriormente a la elaboración lo venderá a pedido. Esta forma de trabajo le ayuda a poyar a su familia pues ella vive en unión libre y tiene 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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