Suma Kantati Group
Isabel says that she has been a community bank member for one and a half years, having joined through an invitation from a loan officer. She currently has a business making gold jewelry that she has been working in with her husband for years. The loan she is currently requesting will be used to expand her stock (buying materials for making jewelry). She will acquire these in El Alto and, after she has made her items, she will sell them to order. This work allows her to support her family. She is married and has seven children.
When we asked her what she likes about Pro Mujer, Isabel replied that she likes the savings.
La señora Isabel, indica que forma parte de una asociación comunal desde hace un año y medio, ingresando por invitación de una promotora. En la actualidad ella cuenta con un negocio de orfebrería (elaboración de joyas de oro), que viene trabajando hace años, conjuntamente su esposo. El crédito de este ciclo es para ampliación de su mercadería (compra de material para joyería) mismos que adquirirá de la Ciudad de El Alto y posteriormente a la elaboración lo comercializará a pedido. Esta forma de trabajo le permite apoyar a su familia pues ella es casada y tiene siete hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro.
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