Soledad Del Valle (Cuenca) Group
Zoila is one of the members of the Community Bank. She is 34, in a civil partnership and has two children aged 9 and 7, who study at a small school in the city. Her partner works abroad; he has migrated in order to provide a better future for his family. She doesn’t own her own home and so they rent.
Zoila stays at home to look after their children, as they are still young. She also breeds chickens and guinea pigs, which she sells as and when she needs the money. She has had this business for 2 years.
She is going to use the new loan to buy chickens and chicken food.
Her goal is to own her own home.
The smaller photo is of a member of the group who, for work reasons, could not be present when the photo of the group was taken.
Una de las socias de este grupo es la Señora. Zoila, tiene 34 años, vive en unión libre y ha concebido 2 hijos de 9 y 7 años de edad que estudian en una escuelita de la ciudad. Su esposo labora en el extranjero ha migrado para darle un mejor futuro a su familia, no tiene casa propia por lo que vive arrendando.
La Señora. Zoila pasa en casa al cuidado de sus hijos ya que aun son pequeños, también se dedica a la cría de pollos y cuyes a los que los vende cuando tiene alguna necesidad económica, tiene este negocio hace 2 años
Su nuevo crédito lo va a invertir en la compra de pollos y alimento para los mismos.
Su meta es tener su casa propia.
La foto pequeña es de un socio que por motivos del trabajo no pudo estar presente cuando se tomó la foto del 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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Success!! The loan was 100% repaid