Azucena is a member of the Amigas group, she is 37 years old, married, has two children, and they live together on the municipality of Escobedo. She sells clothes for men. She began selling t-shirts among her neighbors and now that they recommended her, she has more customers.
The loan will be used to buy clothes for the winter season. Her dream is to have a place to sell clothes for men and women. All the members of the Amigas group are entrepreneurs and very good friends.
Azucena es integrante del grupo amigas, tiene 37 años, es una mujer casada y tiene 2 hijos, y juntos habitan el el municipio de Escobedo. Ella se dedica a la venta de ropa para caballero. Comenzó vendiendo playeras entre sus vecinos y ahora ellos la han recomendado y ya tiene mas clientes. El crédito lo utilizara para surtir mas ropa de temporada de frio. Su sueño es tener un local para vender ropa de caballero y dama. Todas las integrantes del grupo amigas son muy emprendedoras y muy buenas amigas.
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.