Bechijtic 2 Group
Translated from Spanish by Molly Puglisi, Kiva volunteer.
ALICIA FORMA PARTE DEL GRUPO SOLIDARIO BECHIJTIC 2 DE LA COMUNIDAD DE CHAMULA, CHIAPAS. ELLA TIENE 21 AÑOS, ES SOLTERA. JUNTO CON SUS PADRES Y SUS CINCO HERMANOS SE DEDICA AL CULTIVO DE VERDURAS: ACELGA, ESPINACAS, RABANOS, LECHUGA, NAVOS, REPOLLO Y LOS VENDE CON MAYORISTAS QUE LOS COMERCIALIZAN A LAS LOCALIDADES MAS CERCANAS. DE ESTA FORMA SU FAMILIA TRABAJA Y OBTIENE RECURSOS PARA SOBREVIVIR, CON SU PRESTAMO INVERTIRA COMPRANDO SEMILLAS Y FERTILIZANTES PARA OBTENER UNA BUENA COSECHA SUS DEMAS COMPAÑERAS MANUELA, VERONICA Y GUADALUPE DESEMPEÑAN LA MISMA ACTIVIDAD A ESEPCION DE JOSEFINA QUE TIENE INSTALADO UNA TIENDA DE ABARROTES EN SU CASA.
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