Sanjuana is a group member who sells second-hand footwear. She is the mother of two children and she works hard everyday in her business to be able to offer them a better future through education, as she only studied through primary school.
With this loan she plans to invest in new clothing and footwear. She hopes that these will help her to increase her earnings and thus attract new customers.
Sanjuana, es una integrante del grupo, se dedica a la venta de calzado de segunda. Es madre de dos hijos y se esfuerza día a día en su negocio para ofrecerles un mejor futuro a sus hijos mediante la educación, pues ella solo estudio hasta la primaria.
Con este crédito pretende invertir en ropa y calzado de primera para mejorar con ellos sus ingresos y llegar de esta manera a nuevos clientes. Tiene la esperanza de que así sea.
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