Triunfadoras Cananvalle Group
This group raises and sells hens and chickens. The business takes up much of their time, and gradually the partners have joined together to build up a large amount of working capital and generate better profits. At the moment, they need to build coops where the hens can lay their eggs. They will also buy balanced feed for the hens and chickens.
In the future, these three enterprising individuals plan to build more chicken coops and buy more birds to raise so that their business can generate more income.
Este grupo se dedica a la crianza y venta de gallinas y pollos, este negocio lo tienen mucho tiempo y poco a poco las compañeras se han unido para tener un buen capital de trabajo y que sus utilidades sean mayores, al momento necesitan invertir en la construcción de galpones solo para gallinas que van a empollar huevos y para la compra de balanceado para sus gallinas y pollos.
Estas tres personas emprendedoras sueñan en un futuro construir más galpones y comprar más crías para que su negocio genere más ingresos.
About FODEMI, a partner of World Vision InternationalFODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.
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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