El Safiro Group
Nely Yadira will buy tamarind pulp, candy, peanut brittle, and sesame seeds wholesale.
The members want to tell Kiva and Vision Fund (previously FRAC), “Thanks for the loans. They give us the support to get ahead in our businesses. May God keep you, and may you continue helping us with your loans to the people who need them the most.”
Marcela Consepción, age 39, is married and has one son. She makes different sizes of wafers to sell. She requested her loan to buy flour, oil, food coloring, bags, and edible gel (glue). This is to stock her business and to have materials on hand to keep on working. She started her business nine years ago due to necessity and the lack of financial resources.
Her business is important because that is where she gets her income. With that income she was able to pay for an operation on her son’s eyes and for his post-operative treatment. Marcela Consepción is very happy with the loan she is going to receive because she will stop worrying about stocking her business with raw materials.
Her dreams and hopes are to improve her business, to give employment to other people, and for her son to live better.
Las integrantes quieren decirle a Kiva y a Vision Fund (anteriormente FRAC) “Gracias por sus préstamos, nos brindan el apoyo de salir adelante con nuestros negocios, Dios los conserve y que nos sigan favoreciendo con sus prestamos a las personas que más lo necesitamos".
La señora Marcela Consepción tiene 39 años de edad, ella es casada y tiene un hijo varón. Ella elabora obleas de varios tamaños para vender. Ella solicitó su préstamo para comprar harina, aceite, pintura, bolsas, pegamento para surtir su negocio y tener en existencia para ir trabajando. Ella inició su negocio hace 9 años por necesidad y falta de recursos económicos. Su negocio es importante porque es de donde obtiene su ingreso y con el cual pudo pagar la operación de ojos de su hijo y el tratamiento posterior. Marcela Consepción está muy feliz con el préstamo que va a recibir porque dejará de tener preocupaciones al surtir de materia prima su negocio. Sus sueños y esperanzas son mejorar su actividad, dar empleo a otras personas y que su hijo viva mejor.
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