Kantutas De Los Andes Group
Felipa says that she has been a member of Pro Mujer for one and a half years and was invited to join by her sisters who are members of the institution. Currently, she is in the business of braiding and selling rugs. She says that while making frequent trips to the border of Peru and Bolivia, she noticed that this type of business was limited in this area and this is why she started her business six years ago.
She is taking out this loan to expand her stock of merchandise (wool), which she will purchase from the shops in the city of El Alto for later sale in her sales space. This type or work will allow her to support her family in the best possible way because she is divorced and has three children.
When asked what she likes about Pro Mujer, she responded that she likes the institution because they are money lenders.
La señora Felipa, indica que hace un año y medio que integra Pro Mujer, ingresando por invitación de sus hermanas que son socias de la institución. En la actualidad ella tiene un negocio de tejido y venta de mantas, ella cuenta que este negocio lo inicio en sus constantes viajes a la frontera de Perú y Bolivia, donde vio que esta actividad era escasa en ese lugar es por eso que inicio este negocio hace seis años.
El crédito que ahora sacará es para la ampliación de su mercadería (compra de lana) mismo que adquirirá de los almacenes de la ciudad de El Alto, posteriormente lo venderá en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es divorciada y tiene tres hijos.
Cuando se le consulta que le gusta de Pro Mujer, ella responde que le gusta la institución porque son prestamistas de dinero.
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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