Marqueza 2 Group
Translated from Spanish by Marty Greenstein, Kiva Volunteer
MARTHA H. G. TIENE 27 AÑOS, TRES HIJOS. DESDE MUY PEQUEÑA APRENDIO EL OFICIO DE HACER ESCOBAS Y MORRALETAS, AHORA QUE HA FORMADO SU PROPIA FAMILIA ABRIO UN LOCAL EN SU CASA EN DONDE SE VENDE PLASTICO EN DIFERENTES COLORES Y LOS VENDE POR KILO MATERIA PRIMA QUE SE UTILIZA PARA HACER ESCOBAS Y MORRALETAS (ACCESORIO PARA IR AL MERCADO DE COMPRAS), DE ESTA MANERA APOYA A SU ESPOSO CON LOS GASTOS DEL HOGAR. LOS PRODUCTOS SON COMECIALIZADOS A TUXTLA GUTIERREZ. CON SU PRESTAMO INVERTIRA EN LA COMPRA DE MAS PLASTICOS PARA OFRECER A SU CLIENTELA YA QUE PARA ADQUIRIRLOS TIENE QUE VIAJAR DOS HORAS DE SU LOCALIDAD. PERTENECE AL GRUPO LLAMADO MARQUEZA 2 JUNTO CON DOÑA MARIA LUISA P. H. (VENTA DE FRUTAS Y VERDURAS) Y DOÑA CARMEN C. P. (VENTA DE POLLO).
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