Abundancia is a solidarity group made up of 5 members. They are women who fight to be able to move forward. Perla, 29, has three children, ages 13, 10, and 6. She is separated, which means that she supports her family and gets child support from her ex partner. Perla works selling makeup and products from a catalogue. The loan would help her a lot because she needs to stock up on products and makeup to sell. An important goal for Perla is to move her children forward and better herself.
Abundancia es un grupo solidario conformado por 5 integrantes, mujeres que luchan para poder progresar. Perla es una joven de 29 años, tiene 3 hijos de 13, 10 y 6 años de edad. Ella es una mujer separada, por lo cual es el sostén de su familia y recibe con una pensión alimenticia por parte de su ex pareja; Perla se dedica a la venta de maquillaje y productos por catalogo. A ella le ayudaría mucho el crédito porque tiene que surtir mas productos y maquillaje para vender. Una meta importante para Perla es sacar adelante a sus hijos y superarse.
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.