Karina tells us that this is the second year that she has worked with Pro Mujer, after having been invited to join the group by one of her relatives. She is currently running a business selling fruit, which she has been doing for some time.
The loan that Karina has applied for will be used to add to her capital (purchasing fruit) which she will get from La Paz and later sell as a street vendor, as she has no fixed area where she can sell her products. This line of work allows her to generate an income to make a life for herself, as she is single.
When asked what she liked about Pro Mujer, Karina responded that she liked the area of health.
La señora Karina, indica que es el segundo año que trabaja en Pro Mujer y que integro la institución por invitación de sus familiares. En la actualidad ella tiene un negocio de venta de fruta que viene trabajando hace algún tiempo.
El crédito que ahora sacará es para aumentar su capital (compra de fruta) que adquirirá de La Paz y posteriormente lo comercializará de forma ambulante (sin lugar de comercialización fijo). Esta forma de trabajo le permite generar recursos para sobrellevar su vida, pues ella es soltera.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.
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