Las Princesas Group
The loan will help her restock her business as she was struggling because she had many outstanding orders. Her dream is to have her children become professionals. Everything that she does, she does for them and to advance her store.
Las princesas is a very responsible group and is one of the oldest groups at the institution. All of its members get along very well.
Las princesas es un grupo muy responsable es uno de los grupos mas viejos de la institución y todas sus integrantes se llevan muy bien.
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