Las Minas (Cuenca) Group
One of the members of this group is Rosa Lucrecia, 53, who lives in a free union and has had no children; her husband is a tailor and the house they live in is theirs. Rosa Lucrecia does household chores and works in agriculture growing vegetables that she then sells in a market in the city; she also raises pigs, chickens, guinea pigs and cattle.
She will use her loan to build a new chicken coop and will also buy animal feed. Her goal is to expand her business.
Una de las socias de este grupo es la Señora. Rosa Lucrecia, tiene 53 años de edad, vive en unión libre y no ha concebido hijos, su esposo es sastre, la casa en la que vive es propia.
Doña Rosa Lucrecia se dedica a los quehaceres de su hogar y a la agricultura, siembra hortalizas y verduras las que luego vende en un mercado de la ciudad, también se dedica a la cría de cerdos, pollos, cuyes y ganado.
Su crédito lo va a invertir en la construcción de un nuevo galpón para pollos, también va a comprar alimento para sus animales.
Su meta es agrandar su negocio.
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