Tepeyac 5 Group
Mrs. Fatima de La Paz B. Yanez (who sells "toppers"), and Irene del Rosario M. C. (who sells blankets, bedspreads and bedding) are also part of the group known as TEPEYAC 5.
Translated from Spanish by Mayra Gould, Kiva volunteer.
JOSEFA DE JESUS SE ENAMORO A LOS 16 AÑOS Y TUVO GEMELITAS, HASTA EL MOMENTO SE HA DEDICADO AL CUIDADO DE SUS PEQUEÑAS HIJAS, SU ESPOSO TIENE UN INGRESO MUY POCO Y SE HA VISTO EN LA NECESIDAD DE EMPRENDER EL NEGOCIO DE LA VENTA DE ZAPATOS A PEDIDO, Y POSTERIORMENTE CONFORME EL NEGOCIO VAYA CRECIENDO ADQUIRIR ZAPATOS EN DISTINTOS MODELOS, NUMEROS Y COLORES Y DE ESTA MANERA ELLA PODRA CRECER COMO NEGOCIANTE Y OBTENDRA GANACIAS PARA CONTRIBUIR AL GASTO FAMILIAR. PERTENECE AL GRUPO SOLIDARIO LLAMADO TEPEYAC 5 JUNTO CON DOÑA FATIMA DE LA PAZ B. Y. (VENTA DE TOPPERS) E IRENE DEL ROSARIO M. C. (VENTA DE COLCHAS, COBIJAS, SOBRECAMAS, EDREDONES).
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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