Zapatito Veloz Group
Filomena says that she has been part of the communal bank for six months. She currently has a business selling blankets. She has been working this way for years, and she learned how to do so from her mother.
The loan for this cycle is to increase her merchandise. She will buy wool to make the blankets. She will buy this product at the market in La Paz, and she will later sell them at her sales location. This way of working allows her to support her family; she is single and has two children.
When asked what she likes about Pro Mujer she answered that she likes the trainings and the unity of her group.
La señora Filomena, indica que forma parte de una asociación comunal desde hace seis meses atrás y que en la actualidad ella cuenta con un negocio de venta de mantas, que viene trabajando hace años aprendiendo el mismo de su mamá. El crédito de este ciclo es para ampliación de su mercadería (compra de lana) que adquirirá con la finalidad de elaborara las mantas, este producto lo comprará de las ferias paceñas y posteriormente lo comercializará en su puesto de venta. Esta forma de trabajo le permite apoyar a su familia pues ella es soltera y tiene dos hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones y la unidad de su grupo.
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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