Grupo Peñitas Group
One group member, Enriqueta, whom they have affectionately nicknamed "Doña Queta," is a widow with a working daughter. She makes her living selling clothes and shoes in the city market. She started this business about eight years ago because she needed to move forward after having been widowed.
Doña Queta wants to stock more shoes and aspires to have a larger venue so as to secure her future after she retires.
Dentro del grupo se encuentra Enriqueta, a la que cariñosamente apodan “Doña Queta”, viuda y con una hija que trabaja, se dedica a la venta de ropa y zapatos en un mercado de la ciudad. Hace ocho años aproximadamente inició este negocio porque necesitaba salir adelante ya que había enviudado.
Doña Queta quiere surtir más zapatos y aspira con poner un local más grande para asegurar su futuro cuando se retire.
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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