Bellavista (Cuenca) Group
One of the members of this group is Rosa. She’s 35 years old, divorced and has a 13 year old daughter attending a secondary school in the city. The house she lives in is her property.
Rosa does her household chores and takes care of her daughter. She has been working selling milk for the last three years from Sunday to Sunday. She also raises guinea pigs, chickens, cattle and pigs at home. She also farms but only for home consumption.
She’s in the second loan with the communal bank and she will use it to buy a calf to continue raising animals. Her goal is to finish her house since it still needs some finishing touches.
The two little girls in the photo are the daughters of two of the members.
Una de las socias de este grupo es la Señora. Rosa, tiene 35 años, es divorciada en su unión conyugal ha concebido una hija de 13 años que estudia en un colegio de la ciudad. La casa en la que vive es de su propiedad.
La Señora. Rosa se dedica a los quehaceres de su hogar y cuidar de su hija, labora vendiendo leche actividad que la realiza hace 3 años y de domingo a domingo, también en su casa cría cuyes, pollos, ganado y cerdos. Se dedica a la agricultura y lo que produce es solo para consumo de su hogar.
Se encuentra en el segundo crédito que realiza en el banco comunal y lo va a invertir en la compra un becerro para seguir creciendo en la cría de animales.
Su meta es terminar su casa ya que aun le hacen falta algunos acabados.
Las dos niñas de la foto son hijas de dos de las socias.
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