San Isidro Group
Yessica is very content, not just because she has her own business, but because through her cyber cafe, she is offering a service to many young people whose community is somewhat remote and who lack access to this type of service. She says that, thank God, with just 2 months in business, little by little, customers have begun to appear. She also notes that sometimes she has to teach some of customers to use the service but she does so with much pleasure, knowing that this will help attract more people to use her business.
She will invest this loan in purchasing printer paper, cartridges, and in the maintenance of computer equipment. Yessica hopes to be able to purchase more equipment in the future in order to expand her business.
The remaining Group members [and their activities] are:
Rumualda sows and cultivates sugar cane
Susana sows and cultivates sugar cane
Abrahan sells groceries
Lourdes sells chicken
Laudelina sows and cultivates sugar cane
Martimiana sells fertilizers
Liliana sells chicken
Lorenzo sows and cultivates sugar cane
Francisca sells clothing
Bertha sows and cultivates sugar cane
Los demas integrantes del grupo son:
Rumualda siembra y cultivo de caña de azúcar,
Susana siembra y cultivo de caña de azúcar,
Abrahan venta de abarrotes,
Lourdes venta de pollo,
Laudelina siembra y cultivo de caña de azúcar,
Martimiana venta de fertilizantes
Liliana venta de pollo
Lorenzo siembra y cultivo de caña de azúcar,
Francisca venta de ropa
Bertha siembra y cultivo de caña de azúcar,
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