One of the members is Bertha. She is an enthusiastic woman and a single mother with one child. Being the head of her family motivates her each day to work and help her family get ahead. Bertha prepares food from her home and delivers it to her neighbors and nearby businesses. She also prepares special requests according to whatever her customers ask of her. Bertha has done very well. For this reason, she is committing herself to a loan so that she can invest in kitchen equipment, specifically cookware and household appliances for preparing food. Bertha is confident that this investment will generate enormous returns.
Una de sus integrantes es Bertha. Mujer entusiasta, madre soltera de un hijo. El ser cabeza de familia la impulsa cada día para trabajar y sacar a su familia adelante. Ella prepara comidas en su domicilio y las distribuye a sus vecinos y empresas cercanas. También hace pedidos especiales, según se lo vayan solicitando.
Le ha ido muy bien, y esto a motivo a comprometerse con un crédito para poder invertir en equipo de cocina, es decir, ollas y electrodomésticos, para la elaboración de sus comidas.
Bertha esta segura, que esta inversión le redituara enormemente.
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