The communal bank PEÑITAS is working with Credituyo. The members, who have been friends, neighbors, and merchants for years are: Imelda, Maria de la Luz, Maria del Carmen, Yadira, and Yazmin. Imelda has been married for more than 10 years and has two young children. She sells hamburgers on weekends from her house.
She has aspirations for herself and her children. She believes that with her savings from work she can offer her children a brighter future and that they can learn a profession, an opportunity not available to her. Imelda will use the loan to expand her space and improve her service so that she can increase sales.
EL GRUPO PEÑITAS ES UN GRUPO SOLIDARIO DE CREDITUYO, ESTA INTEGRADO POR 5 PERSONAS SON AMIGAS Y VECINAS DESDE HACE VARIOS AÑOS TODAS ELLAS SE DEDICAN AL COMERCIO,SUS NOMBRES SON,IMELDA ,MARIA DE LA LUZ, MARIA DEL CARMEN,YADIRA Y YAZMIN.
IMELDA ESTA CASADA DESDE HACE MAS DE 10 AÑOS, TIEN 2 HIJOS MENORES DE EDAD, ELLA SE DEDICA A LA VENTA DE HAMBURGUESAS LOS FINES DE SEMANA, EN SU DOMICILIO IMELDA TIENE MUCHAS ASPIRACIONES PARA ELLA Y SUS HIJOS, YA QUE CON SU TRABAJO PIENSA AHORRAR DINERO PARA UN FUTURO MEJOR PARA ELLOS, Y QUE ESTUDIEN UNA CAERRERA YA QUE ELLA NO TUBO LA OPORTUNIDAD DE ESTUDIAR.IMELDA PIENSA UTILIZAR SU PRESTAMO, EN AGRANDAR SU LOCAL PARA TENER MAYOR ESPACIO Y ATENDER MEJOR A SUS CLIENTES Y QUE SE LE INCREMENTEN SUS VENTAS.
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.