Mujeres Progresistas (Cuenca) Group
One of the members of this group is Nelly. She’s 32 and a single mother of two children who are 10 and 8 years old and attending a local little elementary school in the city.
Nelly does her household chores but also works in agriculture. She grows greens that she then sells in a market in the city; she’s been doing this since she was very young.
This is her first loan with the communal bank and she will use it to buy seeds and manure for her crops. He gareteaste dram es tú través te Word.
The small photo is of a member who was unable to be present when the group photo was taken.
Una de las socias de este grupo es la Señora. Nelly, tiene 32 años, es madre soltera de 2 hijos de 10 y 8 años de edad que estudian en una escuelita de la ciudad.
La Señora. Nelly se dedica a los quehaceres de su hogar y también labora en la agricultura, siembra hortalizas las mismas que las vende en un mercado de la ciudad, esta actividad la desempeña desde una corta edad.
Este es su primer crédito que realiza en el banco comunal y lo va a invertir en la compra de semillas y abono para sus cultivos.
Su mayor sueño es viajar por el mundo.
La foto pequeña es de una socia que 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