Ciudad Real (Flat) Group
Rosa is in a civil union with José with whom she has had five children, four of which are still under her care. She is requesting a loan to invest in the purchase of ingredients such as flour, oil, eggs, cheese, Royal [a brand of baking powder], among others, to make bread. She has been making bread for one year and she says that she has done well with it so far. Rosa began this business in order to help cover the household expenses and to provide her small family with necessities. Her goal is to continue working so that with time she can have a larger bakery where she can work more days per week.
The other members of the group include Miguel who will invest in the purchase and sale of pigs, which he butchers and sells by the kilogram, and María Graciela who will invest in the purchase of pigs to sell by the kilogram.
Rosa vive en unión libre con el señor José con quien procreo cinco hijos de los cuales cuatro aún están a su responsabilidad. Ella solicito el préstamo para invertirlo en la compra de ingredientes como son: harina, aceite, huevo, queso, royal , entre otros, para la elaboración de panes en donde lleva trabajando un año y comenta que le va bien ya que con ello. Rosa inició con esta actividad para apoyarse para cubrir los gastos de su hogar y para proveer a su pequeña familia con lo más necesario. Su meta es seguir trabajando para así con el tiempo tener una panadería más grande en donde pueda trabajar más días a la semana.
Los otros dos integrantes del grupo son: Miguel quien invertirá en la compra y venta de marranos para venderlos destazado por kilo y la señora María Graciela quien invertirá en la compra de marrano para venderlo por kilo.
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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